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Short Take: Compaq confirms AltaVista domain negotiations

Compaq confirmed that it was in negotiations to purchase the domain "www.altavista.com" for its search engine, AltaVista. The San Francisco Chronicle reported that Compaq paid $3.35 million for the ownership of the domain now used for AltaVista Technologies, a privately owned Web business. A source said that no contract had been signed yet and would neither confirm nor deny the dollar figure for the purchase.

Compaq confirmed that it was in negotiations to purchase the domain "www.altavista.com" for its search engine, AltaVista. The San Francisco Chronicle reported that Compaq paid $3.35 million for the ownership of the domain now used for AltaVista Technologies, a privately owned Web business. A source said that no contract had been signed yet and would neither confirm nor deny the dollar figure for the purchase.