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Short Take: Intel invests in CMG Information Services
Intel has completed its 4.9 percent investment in Internet and interactive media integration company CMG Information Services. Under the terms of the agreement, the chipmaker purchased just over 500,000 shares of CMG, worth roughly $11 million. The companies said they will explore Internet business opportunities within CMG's portfolio of majority-owned affiliate companies, which includes ADSmart, Engage Technologies, InfoMation, Planet Direct, Navisite, and The Password.
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.
true
has completed its 4.9 percent
investment in Internet and interactive media
integration company CMG
Information Services. Under the terms of the agreement, the chipmaker purchased just over 500,000 shares of CMG, worth roughly $11 million. The companies said they will explore Internet business opportunities within CMG's portfolio
of majority-owned affiliate companies, which includes ADSmart, Engage Technologies, InfoMation, Planet Direct, Navisite, and The Password.