Tech Industry

NBCi agrees to acquire

The broadcasting company's Internet venture agrees to acquire in a stock deal valued at roughly $225 million.

NBCi, the broadcasting company's Internet venture, has agreed to acquire in a stock deal valued at roughly $225 million. is a San Francisco-based site that offers advice and services designed to help small-business owners manage their companies.

Launched in November 1999, NBCi has busily accumulated a wide range of Web-based entertainment, community, e-commerce and directory sites, but the latest acquisition marks its first foray into the business-to-business sector.

"The acquisition of is an important component of NBCi's business-to-business division," said Alan Braverman, president of the company's business-to-business unit.

In a written statement, NBCi said it plans to include to its NBCi ComFind business directory service and Snap Business Network. In addition, the company said it intends to announce its business-to-business strategy in coming weeks.

Some of San Francisco-based NBCi's other holdings are Snap,, and NBC Interactive Neighborhood.

CNET, the publisher of, has a stake in NBCi.