consortium

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Consortium

A group of companies that cooperate and share resources in order to achieve a common objective.

Consortium

A group of independent companies participating in a joint venture for mutual benefit. Companies in a consortium cooperate with one another, often sharing technology as needed. A consortium allows the companies to conduct operations that they would not be able to do individually. It is important to note, however, that a consortium is not a merger and the companies remain independent.

consortium

A group of organizations that participate in a joint venture. Airbus Industrie, a European airplane manufacturer, is a consortium of four public and private corporations in Britain, France, Spain, and Germany.

consortium

a group of independent companies or financial institutions which agree to work together jointly on some undertaking, for example the construction of an electricity power plant or the provision of a range of financial services, each contributing some particular resource input or expertise. In recent years, many TAKEOVERS of companies have been arranged on a consortium basis, with a view to breaking up the target company and sharing out its assets between the individual participants in the consortium. See CONTRACTOR.

consortium

a temporary grouping of independent firms, organizations and governments brought together to pool their resources and skills in order to undertake a particular project such as a major construction programme or the building of an aircraft, or to combine their buying power in bulk-buying factor inputs.
References in periodicals archive ?
Diverse attempts by different statewide library consortia to provide electronic libraries should be viewed as a healthy development, even as a situation that promotes the evolution of library services through a form of natural selection.
The services offered by these consortia have, to date, been largely additions to existing and continuing services.
In the past six months, nine academic consortia around the globe have signed APPEAL licensing agreements.
journals are available in electronic form through IDEAL to library consortia around the world.
That brings to more than 30 the number of consortia and state systems working as higher education consortia that are using WebCT as their e-learning system.
consortia become the latest organizations to choose WebCT Vista to support e-learning programs
Curci, Partner, Technology & Intellectual Property Practice Group, Preston Gates & Ellis, LLP and Colm Dobbyn, Chief Intellectual Property Counsel, Mastercard, explain how to evaluate consortia intellectual property rights (IPR) policies and understand their implications for members' IP portfolios.
For pricing information or other details regarding the new consortia reports module for users of the Ulrich's Serials Analysis System, please contact Boe Horton, vice president of worldwide sales for R.
Consortia processes can vary, but a constant for many of these groups is procurement finding and buying much needed products for a super (or at least good) price, avoiding aggravation, and offering a healthy and strong communication link among the various administrators, particularly purchasing agents, at institutions of higher ed.
Looking at the experiences and benefits accrued at the international level, many consortia have been formed in India.
CTDLC, like other such consortia, gives institutions an aggregated Web site and single point of entry for course registration--but it also provides technological support, multiple delivery platforms, faculty development, K-12 teacher training, workforce development, national and international marketing, research, e-commerce, and student services.
When a K-12 administrator asked me to recommend technology leadership resources, first on my list were the Web sites of the Regional Technology in Education Consortia.