Anna Maria Virzi

A Houston company with an interest in a marine protein producer announced today it is acquiring online magazines Word and Charged, which had been shut down last month by its owner ICON CMT Corp. Zapata Corp., which is taking over the magazines, will also change its corporate name to Zap to mark its move into […]

Santa Monica, CA-based online toy retailer eToys Inc. announced it purchased Toys.com, a Web-based toy store owned by Web Magic Inc. Under the purchase agreement, eToys will keep its corporate name and will continue to operate its Web site under the eToys brand name. Financial specifics were not disclosed. “The acquisition of Toys.com clearly illustrates […]

Online System Services Inc. announced it entered into an agreement to acquire Durand Communications Inc. of Santa Barbara, CA in a stock deal valued at $9.9 million. Terms of the agreement call for Denver-based Online System Services to issue 1,003,000 shares of restricted common stock valued at approximately $9.9 million in return for all of […]

Motorola Inc. and NetSpeak Corporation expanded their existing alliance today with news that Motorola plans to use NetSpeak’s technology to deliver IP Telephony (Internet Protocol) multimedia communications via wireless networks. The companies said their expanded relationship will include joint development and licensing of technology, in addition to a $30 million multi-year minimum purchase commitment by […]

Online System Services, Inc. (OSS) announced today an agreement to acquire Durand Communications, Inc., a developer of online communities and electronic commerce applications, for $9.9 million in stock. The deal requires Online System Services to issue 1,003,000 million shares of restricted common stock valued at around $9.9 million in return for all outstanding shares of […]

CyberCash, Inc. and ICVERIFY, Inc. said the companies agreed to merge today in a deal that sees ICVERIFY shareholders receive $16 million in cash and 2.3 million shares of CyberCash common stock. CyberCash, which is aiming to become the driving force in the secure payment transaction market, said the acquisition of ICVERIFY will enable the […]

Diversinet Corp. entered into a licensing agreement with “a leading telecommunications company” to incorporate Diversinets’s digital certificate authentication technology into wireless messaging devices. The name of the company was not disclosed due to a non-disclosure agreement. Under terms of the agreement, Diversinet will supply the company with its patented digital certificate authentication technology combined with […]

Apple Computer, Inc. interim CEO Steve Jobs said his company’s presence on the Internet should not be underestimated. Speaking to a group of desktop publishing industry executives at the Seybold Seminars in New York City, Jobs maintained that a disproportionate number of people using the Internet work from Macintoshes. “On the server side, it’s true, […]