News Burst: CMGi in talks to buy AltaVista

Summary:CMGi Inc. is in talks to purchase AltaVista and other Internet assets from Compaq Computer Corp. for $2bn (£1.22bn) to $3bn in stock.

A deal could be announced as early as Thursday, according to people familiar with the situation, though talks could still break down.

Full story to follow

Topics: Networking

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.