Westpac Group, a large Australian banking company, has licensed electronic procurement software from Intelisys, a software developer 30%-owned by Chase Manhattan Corp.

Westpac, which has 330,000 small- and midsize-business customers in Australia, New Zealand, and Asian-Pacific markets, has also invested $26.1 million in Intelisys Australasia, a start-up subsidiary of the New York-based software company.

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