Overture to Acquire AltaVista
06:22 - Wednesday 19 February 2003 by THG Reporting Team
Source: Tom's Hardware – Keywords: overture, to, acquire, altavista Category : Miscellaneous
Source: Tom's Hardware – Keywords: overture, to, acquire, altavista Category : Miscellaneous
Overture Services has announced that it will acquire AltaVista, an Internet search engine, for $60 million in cash and $80 million in common stock. Overture sells advertising space that appears along with Web search results. The acquisition of AltaVista will broaden Overture's ability to offer "algorithmic search" capability, which Overture plans to license to its Web-based partners that include MSN, Yahoo, and AOL Europe. The deal is expected to close by April 2003.
-
Previous News Article
Tyan unveils new Transport barebone... -
Next News Article
Department of Defense Awards $26...
Ad
Google Ads
Ad
Ad
Miscellaneous Previous news
- IBM Connects Wireless Networks
- Report: PC Shipments to Climb in 2003
- NetApp Unveils iSCSI, Management Updates
- Cisco Bolsters Firewalls, IDS
- Zhone Technologies Inc. Acquires NEC Eluminant
- D-Link adds 'enhanced' 802.11b repeater
- Linksys moving closer to Intel's Xscale
- 256Mbit DDR dips below US$3
- SiS adds VIVO function to Xabre600 through Conexant chipset
- Visa and MasterCard Accounts Hacked
News