Go2Net Acqusition Spree Continues
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Under terms of the agreement, USA Online and Virtual Avenue will offer services under the newly redesigned HyperMart umbrella.
HyperMart provides a directory and hosting service for small- and medium-sized businesses looking to promote themselves on the Internet. The site has a reported 190,000 members, and Thursday's acquisition will add more than 85,000 new businesses to the service, according to the companies.
Go2Net has been on a shopping spree recently, last week announcing intent to acquire online auction site Haggle Online for use on the HyperMart site as well. Future plans for the site include adding shopping cart and turnkey commerce site-builder solutions, the firm said.
"USA Online's directory will also be of particular value in categorizing and providing improved access channels for our expanding base of businesses."