GeoCities turns freebies into billions

Article Abstract:

GeoCities has been offering interested online users the disk space and tools to establish their own Internet sites for free. The Marina del Ray, CA-based company's free service has helped over 3.5 million users create personal World Wide Web sites on a global network. Yahoo! Inc has recognized this potential of GeoCities and acquired the company in an all- stock agreement valued at $3.9 billion. GeoCities' customers, who accept advertising on their sites in exchange for the free service, are not expected to be affected by the acquisition.

Services information, Internet service providers, GeoCities

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C-Mac grabbed by U.S. rival

Article Abstract:

Solectron Corp. of the U.S. will acquire C-Mac Industries Inc.

Canada, Other Electrical Equipment and Component Manufacturing, Electronics, Electronic Components and Accessories, Electronic components, not elsewhere classified, Other Electronic Component Manufacturing, Electronic Components NEC, Mergers, acquisitions and divestments, Electronic components, Electronics industry, Electronic components industry, Solectron Corp., SLR, C-MAC Industries Inc., EMS

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