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Short Take: WavePhore to acquire Paracel Online Systems

Data broadcaster WavePhore signed a letter of intent to acquire Paracel subsidiary Paracel Online Systems. WavePhore will pay $3 million at closing and another $6 million in 180 days, plus future considerations based upon performance.

Paul Festa Staff Writer, CNET News.com
Paul Festa
covers browser development and Web standards.
Paul Festa
Data broadcaster signed a letter of intent to acquire Paracel subsidiary Paracel Online Systems. WavePhore will pay $3 million at closing and another $6 million in 180 days, plus future considerations based upon performance.