InternetNews Staff

In a bid to gain a substantial foothold in the European market, Network Associates Inc. today announced the signing of a definitive agreement to purchase UK-based anti-virus software provider Dr Solomon’s Group PLC for more than $640 million. Santa Clara, CA-based Network Associates said the acquisition expands its anti-virus technology line, which is based on […]

Palo Alto, CA-based centraal corp., creators of the Real Name System, said that Ted West has been named executive vice president of sales and marketing. West will be responsible for strategic development, marketing and sales of centraal’s Real Name Web address system. West joins centraal from the former SOFTBANK Interactive Marketing, where he held the […]

Maxnet Inc. in New York said it completed the purchase agreement to acquire the assets of Intrasoft Ltd., an emerging Internet marketing company whose primary products consist of online industry directories and business guides at Webphonebook.Com. The acquisition follows Maxnet’s announcement on May 29 regarding a joint project with Fountainhead Management to launch a new […]

New York City-based SmallBizSavings, a new business-to-business e-mail marketing company, said it “hopes to fill the void not served by traditional direct marketers of small business products and services.” The company is offering a free-to-the-user opt-in e-mail filtering service tailored to meet the information and purchasing needs of businesses with between one to 50 employees. […]

24/7 Media Inc. in New York City, the company formed from the merger of three interactive operations, filed a registration statement with the Securities and Exchange Commission for an estimated $40 million, minority-stake initial public offering. 24/7 operates the 24/7 Network of more than 80 Web sites, the ContentZone network of about 2,000 small to […]

Restrac Inc., a provider of networked recruiting solutions, said it partnered with JWT Specialized Communications, the nation’s fourth largest employment communications company. JWT Specialized Communications’ ResumeWorks resume pool broadens the Restrac WebHire site and strengthens the company’s commitment to Internet recruiting, Restrac said. ResumeWorks, which will now be available as a Restrac PartnerPool to WebHire […]

Engage Technologies said that its Engage.Knowledge database of anonymous Web visitor behavior profiles has reached a milestone of 12 million profiles. Last week, Engage became fully operational in the acquisition of profiles from Lycos users, moving the number of Engage- enabled contributing sites to more than 60 and enabling the Engage.Knowledge database of user profiles […]

Bell Atlantic Corp. announced today it will begin constructing a new long-distance data network in July, and named Lucent Technologies as its networking technology supplier under a $200 million contract. The next-generation, packet-switched network will serve as the regional, national, and global platform of data communications for Bell Atlantic customers. According to Bell Atlantic estimates, […]

Internet services provider Rocky Mountain Internet (RMI) announced today it will buy Greenwood Village, CO-based Internet Communications Corp. for a approximately $38 million. RMI said all outstanding shares and options convertible into shares of Internet Communications’ common stock will be acquired for between $6.65 and $6.80 per share. After the purchase transaction is completed, RMI […]

VocalTec Communications, Lucent Technologies, and ITXC Corp. today jointly announced they will develop complete compatibility between VocalTec and Lucent IP telephony platforms. Under the alliance, ITXC will operate as the carrier for the fully interoperable IP telephony network. Cross-operability will be enabled for Lucent’s PacketStar Internet Telephony Server for Service Providers (ITS-SP) and VocalTec’s Ensemble […]

Yahoo! Inc. today announced it signed a definitive agreement to purchase electronic commerce provider Viaweb, Inc. for approximately $49 million. Under the terms of the agreement, Yahoo! said it will issue about 455,000 shares of its common stock in exchange for all outstanding Viaweb shares, options and warrants, and the acquisition, expected to be completed […]

America Online, Inc. said today it acquired Israeli messaging solutions provider Mirabilis Ltd. for $287 million. The purchase, expected to be completed on June 5, 1998, calls for AOL to pay the $287 million price tag in cash in exchange for 100% of Mirabilis’s assets. In addition, beginning in fiscal year 2001, AOL said it […]