17 Gifts at All-Time Lows Gifts Under $30 'Forest Bubble' on Mars RSV and the Holidays MyHeritage 'AI Time Machine' Postage Stamp Price Increase Household Items on Amazon Melatonin vs. GABA
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Excite@Home divests Enliven unit

Broadband Internet provider Excite@Home has divested most of its ownership stake in Enliven, a multimedia, or "rich media," advertising unit. The unit will become an independent, privately held company funded by Sage Hill Partners. Scott Kliger, now a general partner at Sage Hill, is a founder of Enliven, which was formerly known as Narrative Communications. Excite@Home purchased Narrative in 1999.During the fourth fiscal quarter, Excite@Home took massive write-offs as it exited certain "non-core" businesses. The company has committed to a plan of primarily focusing on its high-speed Net services and attaining profitability, rather than struggling to make a business out of online media properties. Excite@Home will retain a minority stake in Enliven and will use the company's services.

Broadband Internet provider Excite@Home has divested most of its ownership stake in Enliven, a multimedia, or "rich media," advertising unit. The unit will become an independent, privately held company funded by Sage Hill Partners. Scott Kliger, now a general partner at Sage Hill, is a founder of Enliven, which was formerly known as Narrative Communications. Excite@Home purchased Narrative in 1999.

During the fourth fiscal quarter, Excite@Home took massive write-offs as it exited certain "non-core" businesses. The company has committed to a plan of primarily focusing on its high-speed Net services and attaining profitability, rather than struggling to make a business out of online media properties. Excite@Home will retain a minority stake in Enliven and will use the company's services.