LabMorgan unveils alliance program

e-Finance unit of JPMorgan Chase recruits top global IT vendors to support portfolio companies and provide investment opportunities.

LabMorgan, the unit of JPMorgan Chase charged with using technology to transform internal business as well as invest in promising enterprises, has launched a program that links key technology industry leaders with the incubator and its portfolio companies.

The LabMorgan Networks program is designed to create a platform for the mutual exchange of ideas and expertise between growth companies and established industry leaders including Accenture, BEA Systems, Cisco, Compaq, EMC, IBM, Oracle, Sun Microsystems and Veritas.

LabMorgan Networks is one more example of how LabMorgan is establishing a new model that breaks from past approaches to business development, says Ameet Patel, chief technology officer of LabMorgan. ItÆs...

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