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Short Take: Go2Net acquires VirtualAvenue

Online network Go2Net acquired Web hosting service Virtual Avenue for $23 million in stock. The acquisition gives Go2Net a boost in its own Web hosting service, HyperMart, which will add 85,000 member businesses to its roster.

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Online network Go2Net acquired Web hosting service Virtual Avenue for $23 million in stock. The acquisition gives Go2Net a boost in its own Web hosting service, HyperMart, which will add 85,000 member businesses to its roster.

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