1.
business alliance; operational partnership; business tie-up
A cooperative arrangement between companies to collaborate on specific business operations, share resources, or jointly develop products or services. Less binding than a merger or acquisition.
Through this business alliance, new services leveraging both companies' technologies will be created.
A formal business term frequently seen in news articles and corporate announcements. Business alliances allow companies to cooperate without the complexity of mergers or capital investment.
Common collocations
- 業務提携を結ぶ: to form a business alliance
- 業務提携を発表する: to announce a business alliance
- 業務提携契約: business alliance agreement
- 包括的業務提携: comprehensive business alliance