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CMGI's portal plays

In an effort to round out its Net properties, Internet holding company CMGI scoops up Internet service provider 1stUp and plans a public offering for AltaVista.

 

  latest developments 

In an effort to round out its Net properties, Internet holding company CMGI scoops up Internet service provider 1stUp and plans a public offering for AltaVista.

"[AltaVista] will be an important driver of traffic for our properties."

- Deidre Moore, a spokeswoman for CMGI

 


AltaVista to climb new heights with IPO
update AltaVista will finally get a chance to follow its Web portal rivals onto Wall Street with a public stock offering early next year, the site's new owners said.

CMGI to acquire free ISP 1stUp
update The Internet holding company agrees to buy free Internet service wholesaler 1stUp.com, in a move that solidifies its moves toward creating a full-service Web access and content powerhouse.

CMGI posts high earnings on GeoCities sale
The Internet venture fund's fourth-quarter profit surges thanks to a large gain after GeoCities, in which it has a stake, was bought by Yahoo.