CMGI, Pacific Century Cyberworks und Hicks, Muse, Tate & Furst - 500 Beiträge pro Seite

[Cyberworker]

CMGI, Pacific Century Cyberworks und Hicks, Muse, Tate & Furst schließen ein Joint Venture, um in jungen
Internetunternehmen in Asien, Amerika und Europa zu investieren. Jedes der drei Unternehmen wird $500 Mio. in das
neue Unternehmen, namens @Venture Global Partners, einlegen. Die Hauptbereiche für Investitionen sind Content,
Infrastruktur, Community und Commerce.

Mehr dazu:

Wednesday March 1, 6:07 am Eastern Time

Company Press Release

CMGI, Hicks, Muse, Tate & Furst, and Pacific Century
CyberWorks to Form @Ventures Global Partners

ANDOVER, Mass., DALLAS and HONG KONG--(BUSINESS WIRE)--March 1, 2000--

Venture Partnership to Invest in Emerging Internet Businesses in

Europe, Asia and the Americas; Up to $1.5 Billion Available to

International Internet Companies

CMGI, Inc. (Nasdaq: CMGI - news); Hicks, Muse, Tate & Furst Incorporated (``HMTF``); and Pacific Century CyberWorks
Limited
(``PCCW;`` Reuters: 1186.HK; Bloomberg: 1186) today announced the formation of a new venture capital partnership,
@Ventures Global
Partners. Under the terms of the partnership, the parties have each committed to invest up to (US)$500 million, for a total of up
to (US)$1.5
billion, to support the development of Internet companies based in Asia, Europe, and the Americas.

@Ventures Global Partners will make investments in emerging Internet businesses spanning the four core disciplines of the
Internet economy:
content, community, commerce and infrastructure/enabling technologies. The three companies will work collaboratively to
open regional
offices in urban centers such as London and Hong Kong, and to appoint managing partners in each location to actively support
the investment
activities and organizational development of these ventures, including management recruiting and mentoring, strategic
guidance and operational
support, and collaboration and integration across CMGI`s, HMTF`s and PCCW`s extensive networks of Internet, media and
technology
companies.

``Hicks, Muse, Tate & Furst and PCCW are leading global investors and veteran developers of international media and
technology
companies. We`re honored to join them in a powerful alliance that will speed the development of international Web offerings
throughout the
world,`` said David Wetherell, Chairman and CEO of CMGI, Inc. ``We look forward to combining our industry expertise with
these
established and respected partners to develop, grow and integrate best-of-the-Web services and technologies from across the
globe.``

``CMGI, under the leadership of David Wetherell, is now well-established as the world`s leading Internet operating company,
and Pacific
Century CyberWorks, under the leadership of Richard Li, has also established itself as the leading technology investor in
Asia,`` said Hicks
Muse Chairman and CEO Thomas O. Hicks. ``We are pleased to partner with these two outstanding organizations in what we
all regard as a
very important and long-term strategic, operational and financial relationship.``

``Our strategy has always included investing in Internet companies and incorporating them into our upcoming NOW (Network
of the World)
service where possible. Finding emerging Internet businesses means finding the companies that are the catalysts in the
expansion of the
Internet economy,`` said Richard Li, Chairman, Pacific Century Group. ``CMGI and Hicks, Muse, Tate & Furst are ideal
partners for us.
They have a potent combination of global financial savvy and technology knowledge.``

Today`s announcement marks the second transaction in as many days to unite CMGI, PCCW and Hicks Muse for a common
purpose. On
Tuesday, in conjunction with PCCW`s successful bid to acquire Cable & Wireless HKT, CMGI announced an agreement with
Cable &
Wireless plc to issue US$500 million in shares of CMGI to Cable & Wireless plc in exchange for US$500 million in shares of
PCCW. In
tandem, Hicks Muse announced a commitment of US$500 million to PCCW to participate in the acquisition. In exchange for
its investment,
Hicks Muse will receive PCCW convertible preferred stock.

About Hicks, Muse, Tate & Furst

Since its formation in 1989, Hicks, Muse, Tate & Furst Incorporated has completed or currently has pending more than 325
transactions
with an aggregate capital value of approximately $43 billion, including invested equity of more than $3 billion in the media and
telecommunications sectors. Its principal office is in Dallas with additional offices in New York, London and Buenos Aires.

About Pacific Century CyberWorks Limited

Pacific Century CyberWorks Limited (PCCW), the Hong Kong-listed technology flagship of the Pacific Century Group
(www.pcg-group.com) comprises three main businesses: Pacific Convergence Corporation, CyberWorksVentures and the
Cyber-Port
project.

Pacific Convergence Corporation (PCC) plans to be the world`s leading provider of broadband Internet services, to be initially
launched in
Asia and serving 130 million cabled households. PCC`s NOW (Network of the World) will offer the world`s first fully converged
service with
interactive digital video viewing and Web access beginning with the first phase in 2000.

CyberWorksVentures (CWV), PCCW`s Internet incubator company, has invested in some 40 companies around the world,
including
technology enablers, e-commerce and content companies.

PCCW`s strategic partners number among the world`s leading Internet and technology companies, including Intel, the world
leader in
semiconductor design and manufacture, CMGI, America`s foremost Internet incubator and Hikari Tsushin, Japan`s second
biggest Internet
company.

About CMGI and CMGI @Ventures

With more than 60 companies, CMGI, Inc. (Nasdaq: CMGI - news) represents the largest, most diverse network of Internet
companies in
the world. This network includes both CMGI operating companies and a growing number of synergistic investments through its
venture
capital affiliate, CMGI @Ventures. CMGI leverages the technologies, content and market reach of its extended family of
companies to foster
rapid growth and industry leadership across its network, and the larger Internet Economy. Compaq, Intel, Microsoft, Pacific
Century
CyberWorks and Sumitomo hold minority positions in CMGI.

CMGI`s majority-owned operating companies include Engage Technologies (Nasdaq: ENGA - news), NaviSite (Nasdaq: NAVI -
news),
1ClickBrands, 1stUp.com, Activate.net, AdForce, Adsmart, AltaVista, CMGI Solutions, Equilibrium, Flycast, iCAST,
MyWay.com,
NaviNet, SalesLink, and Tribal Voice. The company`s venture capital affiliate, CMGI @Ventures, has ownership interests in
Lycos, Inc.
(Nasdaq: LCOS - news), Critical Path (Nasdaq: CPTH - news), Silknet (Nasdaq: SILK - news), Chemdex (Nasdaq: CMDX -
news),
MotherNature.com (Nasdaq: MTHR - news), Vicinity (Nasdaq: VCNT - news), Asimba.com, AuctionWatch.com, Aureate
Media, blaxxun,
BizBuyer.com, Boatscape.com, buyersedge.com, CarParts.com, CraftShop.com, eCircles.com, eGroups.com, EXP.com,
FindLaw,
FoodBuy.com, Furniture.com, Gamers.com, Half.com, HotLinks, Industria, INPHO/HomePriceCheck.com, Intelligent/Digital,
KnowledgeFirst, KOZ.com, Mondera.com, MyFamily.com, NextMonet.com, NextOffice.com, NextPlanetOver.com,
Oncology.com,
OneCore.com, PlanetOutdoors.com, Productopia, SnapFish.com, Speech Machines, ThingWorld.com, Virtual Ink, Visto,
Vstore and
WebCT.

CMGI and CMGI @Ventures corporate headquarters are located at 100 Brickstone Square, Andover, MA 01810. Telephone:
978-684-3600. Fax: [phone]. CMGI @Ventures also has offices at 3000 Alpine Road, Menlo Park, CA 94028;
650-233-0333.
Additional information is available on the company`s Web sites at http://www.cmgi.com and http://www.ventures.com.

This release contains forward-looking statements based on current expectations or beliefs, as well as a number of
assumptions about future
events, and these statements are subject to important factors and uncertainties that could cause actual results to differ
materially from those
described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects
including, for
example, the expected benefits of the agreement to form and fund @Ventures Global Partners, the expected capabilities of
@Ventures
Global Partners to identify and make investments in emerging Internet businesses worldwide and the expected formation and
capabilities of
worldwide regional offices. The following factors, among others, could cause actual results to differ materially from those
described in these
forward-looking statements: @Ventures Global Partners may not be funded in full on a timely basis due to reasons beyond the
control of the
founding parties; @Ventures Global Partners may not execute successfully on its business plan, including the identification of
emerging
Internet business in which to invest; technological, economic and regulatory risks involved with operating and investing in
international
markets; and increased competition and technological changes in the markets in which @Ventures Global Partners intends to
compete. For a
detailed discussion of these and other cautionary statements, please refer to CMGI`s filings with the Securities and Exchange
Commission,
including CMGI`s Annual Report on Form 10-K for the most recently ended fiscal year.

QUELLE Boersen-focus

[carl carlo]

hallo cyberworker,
ist das neue Unternehmen, namens @Venture Global Partners, schon an einer Börse gelistet bzw. gibt es schon eine WKN-Nr?

Gruß
carl carlo

[Cyberworker]

Das würde mich selbst auch interessieren .
Vielleicht können die Anderen auch mal was dazu sagen

mfg Cw