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Short Take: Excite orders take-out

Online restaurant take-out food and delivery ordering system Cybermeals signed a four-year sponsorship agreement with Excite. Cybermeals will pay $15.5 million plus transaction revenues in exchange for becoming the exclusive take-out provider for Excite. The deal comes two weeks after Cybermeals signed a similar pact with America Online.

Online restaurant take-out food and delivery ordering system Cybermeals signed a four-year sponsorship agreement with Excite. Cybermeals will pay $15.5 million plus transaction revenues in exchange for becoming the exclusive take-out provider for Excite. The deal comes two weeks after Cybermeals signed a similar pact with America Online.