Compaq confirmed that it was in negotiations to purchase the domain "www.altavista.com" for its search engine, AltaVista. The San Francisco Chronicle reported that Compaq paid $3.35 million for the ownership of the domain now used for AltaVista Technologies, a privately owned Web business. A source said that no contract had been signed yet and would neither confirm nor deny the dollar figure for the purchase.
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Discuss: Short Take: Compaq confirms AltaVista domain negotiations
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