Short Take: WavePhore to buy Paracel
Wireless data broadcasting company WavePhore has agreed to purchase Paracel Online Systems, a content filtering software maker, for $9 million. WavePhore will pay Paracel $3 million at closing, $6 million within 180 days, plus future considerations based on performance, the company said.
Mike Ricciuti Staff writer, CNET News
Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.
Wireless data broadcasting company has agreed to purchase Paracel Online Systems, a content filtering software maker, for $9 million. WavePhore will pay Paracel $3 million at closing, $6 million within 180 days, plus future considerations based on performance, the company said.