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PC makers think out of the box

Compaq and IBM show they are more than computer makers as they make major forays into Internet territory with e-commerce and portal deals.

CNET News staff
Hardware heavyweights Compaq and IBM show they are more than computer makers as they make major forays into Internet territory with e-commerce and portal deals.

Compaq to buy Shopping.com
The leading personal computer maker, announces plans to acquire Shopping.com in a cash deal worth about $220 million.

Computer makers transform themselves
news analysis Compaq's purchase of Shopping.com is more proof that computer makers are transforming themselves for the Internet Age.

Yahoo, other portals tap Big Blue
update Yahoo's global distribution agreement with IBM follows last week's announcement by competing portal Lycos of a similar deal.

IBM-Chumbo.com deal propels stock
update Zomax Optical Media rallies sharply after the company's Internet commerce unit, Chumbo.com, does a software sales deal with IBM.

IBM beefs up consumer strategy
Big Blue floods the consumer market with five new PCs and three new notebooks, all of which have been primed for easy Internet access.

New buzz word: "Destination" site
Internet portals and television networks may be headed for a new round of mergers as a necessary phase in technological evolution.