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 ?
(23) We analyzed these results in the aggregate, looking at subjects by total consortial usage.
Currently, at Texas State University, we are part of a Texas-wide university effort championed by the Texas Digital Library (TDL) to implement a statewide consortial data repository based on Harvard University's open source solution, Dataverse.
Two separate articles in the book discuss consortial virtual reference services: One uses text messaging, and the other uses web-based chat.
This inflexible, potentially very insecure system is especially convoluted (and risky) for consortial subscriptions.
Since we are committed to our consortial chat service, LibAnswers 2 would have put us in the position of paying for features we would not use.
By the time the contract is due to be renewed, there may be new prices, new content, new participants on both sides--e.g., new corporate ownership of the publishing entity, new consortial combinations among the reader community.
Robinson; (5) "Consortial Approaches to International Education," by John J.
UPSaclay needs a consortial Discovery tool in order to allow access to the collections of its sixteen member institutions and to support PhD students and researchers across the campus as well as its collaborative research laboratories.
In October 2012, PALCI convened a five-member Ebooks Task Force (EBTF) to explore the feasibility of developing a consortial DDA program with 69 member institutions, including small private liberal arts schools, medium-size state universities, and large research focused institutions, with FTEs ranging from 300-85,000.
If a library has a Friends program, special connections to alumni, or consortial patrons, then licenses should facilitate access.
Among others, they are price, consortial discounts, search engines, accessibility, content, current usefulness, and lasting benefit.
Appropriate library consortial entities including Maryland Digital Library (MDL), Maryland Library Consortium (MLC), MICUA Libraries, MCCLC, and the University System of Maryland and Affiliated Institutions (USMAI) will communicate relevant details, renewal and other deadlines, and other details to Customers within their respective memberships, and reasonably assist the Contractor with additional communications.