HomeIT Management

Internet Market Close Report for 1998.05.13

Steve Harmon
By Steve Harmon

































 
13-May-98
% change
point change

ISDEX
157.24
1.58%
2.45

ISDEX Price Wtd.
1,616.50
2.63%
41.38

NASDAQ
1,866.18
0.32%
6.02

DJIA
9,211.84
0.55%
50.07

  • USWeb NASDAQ:USWB) agrees to acquire Gray Peak Technologies (GPT) in a stock deal valued between $80 million to $100 million. The GPT acquisition will allow USWeb to offer more network integration, network security, and voice over IP. We think intranets will increasingly use the Web protocols for a range of network-based communications and distribution. As such, this positions USWeb as a better solution provider.

  • Open Market (NASDAQ:OMKT), which makes Web commerce software, inks a strategic alliance with PLATINUM technology (NASDAQ:PLAT), a software and service provider for global firms. The deal extends Open Market’s leading commerce software into Information Technology or IT departments that PLATINUM sells into.

  • E*TRADE (NASDAQ:EGRP) signs an exclusive deal with Sportline (NASDAQ:SPLN) to be the trading service on the sports content site’s business and finance area. Terms undisclosed.

    • Steve Harmon
    Steve Harmon
    Previous article
    @plan Opens West Coast Office
    Next article
    Netscape Ships BuyerXpert for Corporate Procurement

    Similar Posts

    Get the Free Newsletter!

    Subscribe to our newsletter.

    Subscribe to Daily Tech Insider for top news, trends & analysis

    News Around the Web

    InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

    Advertisers

    Advertise with TechnologyAdvice on InternetNews and our other IT-focused platforms.

    Advertise with Us

    Menu

    Our Brands

    Property of TechnologyAdvice.
    © 2024 TechnologyAdvice. All Rights Reserved

    Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.