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AltaVista Acquires Transium to Deliver Custom Search Hosting Services
AltaVista Acquires Transium to Deliver Custom Search Hosting Services Strengthens AltaVista Business Solutions Offering With Custom Hosted Search
Services for Fast-Growing Portals and E-commerce Markets
PALO ALTO, Calif., Feb. 9 /PRNewswire/ -- AltaVista Company, the premier media and commerce network at http://www.altavista.com , and a majority owned operating company of CMGI Inc. (Nasdaq: CMGI), today announced that it will acquire Transium Corporation, a leading provider of e-commerce navigational services. Transium will become part of the newly formed AltaVista Business Solutions Group that provides global Internet search services to e-commerce and portal sites. Transium, based in Los Altos, Calif., provides services to leading Internet companies Yahoo! Finance, Intuit Finance Network, ConsumerReports.org, and Office.com. Terms of the agreement were not disclosed.
Transium is AltaVista`s latest move to provide e-commerce companies, portals and global enterprises with a complete search solution based on its relevant, fast and effective search technology. With the addition of Transium, AltaVista Business Solutions strengthens its position to meet the growing demands facing companies in the age of e-commerce.
"Transium`s technology adds a critical component to AltaVista Business Solutions in its mission to deliver a premier custom hosted search solution," said Greg Memo, vice president and general manager of AltaVista Search. "Hosted search solutions allow companies to focus on growing and sustaining their businesses rather than deploying valuable IT resources for search services."
Transium`s technology, a robust solution that specializes in hosting proprietary content or specific web content, will allow AltaVista to provide custom search services to companies worldwide. AltaVista will use this technology to create and host a custom index of a company`s Web site or other content and to provide fast, relevant search results to its users. This solution is expected to be especially attractive to fast-growing companies that need a rapidly deployed, customized search solution, or to vertical portals that want to provide industry-specific information to their customers. "Transium`s hosted search technology helps companies to realize a more rapid return on investment, with no additional internal resources required to implement and support the application," said Paul Sutter, CEO of Transium Corporation. "This strategic acquisition will create a powerful search solution with the benefits of custom hosted services."
Transium brings to AltaVista a talented team of sales, service, marketing and product development professionals who maintain an expertise in the custom hosting sector.
About Transium Corporation
Transium Corporation develops and hosts Web search services that integrate a universal taxonomy across multiple content sources, including parametric catalogs, market guides, indexed databases, and news. Transium also provides scalable user profiling technology whose contextualized interface yields a rich, customized experience for e-commerce customers. Its patent-pending Relevance Engine technology enables users to navigate instantly across large catalogs and related content without prior knowledge of search terms enhancing the discovery of relevant product related information and the ease of making e-commerce purchases. Located in Los Altos, California, Transium was founded by former executives of Dialog Corporation, Dow Jones, and a technical team from Apple Computer. For more details about its catalog integration services for e-commerce, please contact Transium at 650-947-1826 or sales@transium.com. Or, visit the Transium Web site at http://www.transium.com
About AltaVista Business Solutions
AltaVista Business Solutions licenses industry-leading AltaVista search engines products and hosted services to e-commerce companies, portals and global enterprises. AltaVista search technology is one of the fastest, most reliable and most scalable search tools for Web businesses. AltaVista Business Solutions has more than 850 customers worldwide. Additional information is available on the AltaVista Business Solutions Web site at http://solutions.altavista.com
AltaVista Company is the premier media and commerce network offering Internet users up-to-the-minute news, live video, content, search and shopping resources. The company integrates unique technology, products and services to deliver relevant results faster for both individuals and businesses. AltaVista is building on its heritage of technology and innovative leadership, offering informative services including AltaVista Search, AltaVista Live!, AltaVista Shopping.com, and AltaVista Free Internet Access combined with the microportal. AltaVista is a majority-owned operating company of CMGI, Inc., Andover, Mass. AltaVista is headquartered in Palo Alto, Calif.
About CMGI
With more than 60 companies, CMGI, Inc. 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.
AltaVista is registered with the U.S. Patent and Trademark Office. Shopping.com, Smart is Beautiful and AltaVista Free Access are trademarks of AltaVista Company or its affiliates. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
NOTE: 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 from AltaVista`s acquisition of Transium and the expected functionality of the combination of the technologies and products of AltaVista and Transium. These risks and uncertainties include, without limitation, the risk that the combined companies may experience difficulties integrating technologies, operations and personnel, the risk that the merger may strain managerial and operational resources as management tries to oversee the larger operations and increased competition and technological changes in the industries in which AltaVista and Transium 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. SOURCE AltaVista Company
-0- 02/09/2000
/CONTACT: Molly Ingle of AltaVista Business Solutions, 650-389-3781, or molly.ingle@av.com; David Emanuel of AltaVista Company, 650-617-3496, or david.emanuel@av.com; Aimee Brainard of Applied Communications, 415-365-0222, ext. 281, or abrainard@appliedcom.com, for AltaVista Company/
/Web site: http://www.altavista.com/ -- SFW047 -- 6151 02/09/2000 09:00 EST http://www.prnewswire.com Copyright PR Newswire 1998. All rights reserved.
AltaVista Acquires Transium to Deliver Custom Search Hosting Services Strengthens AltaVista Business Solutions Offering With Custom Hosted Search
Services for Fast-Growing Portals and E-commerce Markets
PALO ALTO, Calif., Feb. 9 /PRNewswire/ -- AltaVista Company, the premier media and commerce network at http://www.altavista.com , and a majority owned operating company of CMGI Inc. (Nasdaq: CMGI), today announced that it will acquire Transium Corporation, a leading provider of e-commerce navigational services. Transium will become part of the newly formed AltaVista Business Solutions Group that provides global Internet search services to e-commerce and portal sites. Transium, based in Los Altos, Calif., provides services to leading Internet companies Yahoo! Finance, Intuit Finance Network, ConsumerReports.org, and Office.com. Terms of the agreement were not disclosed.
Transium is AltaVista`s latest move to provide e-commerce companies, portals and global enterprises with a complete search solution based on its relevant, fast and effective search technology. With the addition of Transium, AltaVista Business Solutions strengthens its position to meet the growing demands facing companies in the age of e-commerce.
"Transium`s technology adds a critical component to AltaVista Business Solutions in its mission to deliver a premier custom hosted search solution," said Greg Memo, vice president and general manager of AltaVista Search. "Hosted search solutions allow companies to focus on growing and sustaining their businesses rather than deploying valuable IT resources for search services."
Transium`s technology, a robust solution that specializes in hosting proprietary content or specific web content, will allow AltaVista to provide custom search services to companies worldwide. AltaVista will use this technology to create and host a custom index of a company`s Web site or other content and to provide fast, relevant search results to its users. This solution is expected to be especially attractive to fast-growing companies that need a rapidly deployed, customized search solution, or to vertical portals that want to provide industry-specific information to their customers. "Transium`s hosted search technology helps companies to realize a more rapid return on investment, with no additional internal resources required to implement and support the application," said Paul Sutter, CEO of Transium Corporation. "This strategic acquisition will create a powerful search solution with the benefits of custom hosted services."
Transium brings to AltaVista a talented team of sales, service, marketing and product development professionals who maintain an expertise in the custom hosting sector.
About Transium Corporation
Transium Corporation develops and hosts Web search services that integrate a universal taxonomy across multiple content sources, including parametric catalogs, market guides, indexed databases, and news. Transium also provides scalable user profiling technology whose contextualized interface yields a rich, customized experience for e-commerce customers. Its patent-pending Relevance Engine technology enables users to navigate instantly across large catalogs and related content without prior knowledge of search terms enhancing the discovery of relevant product related information and the ease of making e-commerce purchases. Located in Los Altos, California, Transium was founded by former executives of Dialog Corporation, Dow Jones, and a technical team from Apple Computer. For more details about its catalog integration services for e-commerce, please contact Transium at 650-947-1826 or sales@transium.com. Or, visit the Transium Web site at http://www.transium.com
About AltaVista Business Solutions
AltaVista Business Solutions licenses industry-leading AltaVista search engines products and hosted services to e-commerce companies, portals and global enterprises. AltaVista search technology is one of the fastest, most reliable and most scalable search tools for Web businesses. AltaVista Business Solutions has more than 850 customers worldwide. Additional information is available on the AltaVista Business Solutions Web site at http://solutions.altavista.com
AltaVista Company is the premier media and commerce network offering Internet users up-to-the-minute news, live video, content, search and shopping resources. The company integrates unique technology, products and services to deliver relevant results faster for both individuals and businesses. AltaVista is building on its heritage of technology and innovative leadership, offering informative services including AltaVista Search, AltaVista Live!, AltaVista Shopping.com, and AltaVista Free Internet Access combined with the microportal. AltaVista is a majority-owned operating company of CMGI, Inc., Andover, Mass. AltaVista is headquartered in Palo Alto, Calif.
About CMGI
With more than 60 companies, CMGI, Inc. 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.
AltaVista is registered with the U.S. Patent and Trademark Office. Shopping.com, Smart is Beautiful and AltaVista Free Access are trademarks of AltaVista Company or its affiliates. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
NOTE: 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 from AltaVista`s acquisition of Transium and the expected functionality of the combination of the technologies and products of AltaVista and Transium. These risks and uncertainties include, without limitation, the risk that the combined companies may experience difficulties integrating technologies, operations and personnel, the risk that the merger may strain managerial and operational resources as management tries to oversee the larger operations and increased competition and technological changes in the industries in which AltaVista and Transium 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. SOURCE AltaVista Company
-0- 02/09/2000
/CONTACT: Molly Ingle of AltaVista Business Solutions, 650-389-3781, or molly.ingle@av.com; David Emanuel of AltaVista Company, 650-617-3496, or david.emanuel@av.com; Aimee Brainard of Applied Communications, 415-365-0222, ext. 281, or abrainard@appliedcom.com, for AltaVista Company/
/Web site: http://www.altavista.com/ -- SFW047 -- 6151 02/09/2000 09:00 EST http://www.prnewswire.com Copyright PR Newswire 1998. All rights reserved.
Buy.com Selects AltaVista Search Engine to Power E-Commerce Sites
<CMGI.O>
Buy.com Selects AltaVista Search Engine to Power E-Commerce Sites
State-of-the-Art Search Software Reduces Response Times, Enhances
Shopping Experience
PALO ALTO, Calif., Feb. 23 /PRNewswire/ -- AltaVista Company, the premier
global Internet search provider at http://www.altavista.com, majority owned by
CMGI Inc. (Nasdaq: CMGI), today announced that Buy.com has licensed
AltaVista`s search engine software to power all nine of the Buy.com online
stores. In an agreement with AltaVista Business Solutions, Buy.com will deploy
AltaVista`s fast and scalable search technology in order to meet its
customers` growing demands for an enhanced shopping experience. Customers will
be able to rapidly search and locate products in Buy.com`s nine online stores.
Terms were not disclosed.
"We recognized that search technology on the Web has been transformed from
an accessory to a necessity," said Tony McAlister, vice president of
Information Systems at Buy.com. "AltaVista allows us to be in control of our
data and customize the search results, which is important to our customers`
experience.
Before selecting a search engine, Buy.com toured and evaluated the
performance of the AltaVista search technology through a downloadable version
of the AltaVista Software Developer`s Kit. Performing tests on one of its
stores, BuyBooks.com, Buy.com experienced a marked reduction in search
response times and increased scalability across fewer servers. Buy.com then
selected the AltaVista search engine to power all nine of its online stores.
"We share a common goal with Buy.com -- to create a tailored purchasing
experience so that customers can find exactly what they are looking for
quickly," said Jeff Black, vice president, AltaVista Business Solutions.
"AltaVista`s solution delivers the speed, scalability and customizability that
Buy.com needs to enhance customer satisfaction."
AltaVista`s powerful search engine allows Buy.com customers to search an
inventory of more than 850,000 products. In addition to AltaVista`s
scalability and reliability, AltaVista`s technology will help Buy.com to
reduce costs by reducing the number of servers necessary to perform searches.
The AltaVista Software Developer`s Kit V2.6 trial version is available at
http://solutions.altavista.com.
About AltaVista Business Solutions
AltaVista Business Solutions licenses industry-leading AltaVista search
engine products and hosted services to e-commerce companies, portals and
global enterprises. AltaVista search technology is one of the fastest, most
reliable and scalable search tools for online businesses. AltaVista Business
Solutions has more than 850 customers worldwide. Additional information is
available about AltaVista Business Solutions at
http://solutions.altavista.com.
AltaVista Company is the premier media and commerce network offering
Internet users up-to-the-minute news, live video, content, search and shopping
resources. The company integrates unique technology, products and services to
deliver relevant results faster for both individuals and businesses. AltaVista
is building on its heritage of technology and innovative leadership, offering
informative services including AltaVista Search, AltaVista Live!, AltaVista
Shopping.com, and AltaVista Free Internet Access combined with the
microportal. AltaVista is a majority-owned operating company of CMGI, Inc.,
Andover, Mass. AltaVista is headquartered in Palo Alto, Calif.
NOTE: AltaVista is registered with the U.S. Patent and Trademark Office.
Shopping.com, Smart is Beautiful and AltaVista Free Access are trademarks of
AltaVista Company or its affiliates. Product names mentioned herein maybe
trademarks and/or registered trademarks of their respective companies.
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 resulting from the agreement between AltaVista and Buy.com
and the expected functionality of the combination of the technologies and
products of AltaVista and Buy.com. These risks and uncertainties include,
without limitation, risks associated with the potential failure to achieve the
beneficial synergies which may be expected to result from the agreement, the
risk that AltaVista`s technology and products will not successfully
interoperate with those of Buy.com, and increased competition in the markets
in which AltaVista and Buy.com 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.
SOURCE AltaVista Company
-0- 02/23/2000
/CONTACT: Molly Ingle of AltaVista Business Solutions, 650-389-3781, or
molly.ingle@av.com; or Aimee Brainard of Applied Communications, 415-365-0222,
ext. 281, or abrainard@appliedcom.com, for AltaVista Business Solutions/
/Web site: http://www.buy.com/
/Web site: http://www.altavista.com/
-- SFW102 --
3524 02/23/2000 09:03 EST http://www.prnewswire.com
Copyright PR Newswire 1998. All rights reserved.
<CMGI.O>
Buy.com Selects AltaVista Search Engine to Power E-Commerce Sites
State-of-the-Art Search Software Reduces Response Times, Enhances
Shopping Experience
PALO ALTO, Calif., Feb. 23 /PRNewswire/ -- AltaVista Company, the premier
global Internet search provider at http://www.altavista.com, majority owned by
CMGI Inc. (Nasdaq: CMGI), today announced that Buy.com has licensed
AltaVista`s search engine software to power all nine of the Buy.com online
stores. In an agreement with AltaVista Business Solutions, Buy.com will deploy
AltaVista`s fast and scalable search technology in order to meet its
customers` growing demands for an enhanced shopping experience. Customers will
be able to rapidly search and locate products in Buy.com`s nine online stores.
Terms were not disclosed.
"We recognized that search technology on the Web has been transformed from
an accessory to a necessity," said Tony McAlister, vice president of
Information Systems at Buy.com. "AltaVista allows us to be in control of our
data and customize the search results, which is important to our customers`
experience.
Before selecting a search engine, Buy.com toured and evaluated the
performance of the AltaVista search technology through a downloadable version
of the AltaVista Software Developer`s Kit. Performing tests on one of its
stores, BuyBooks.com, Buy.com experienced a marked reduction in search
response times and increased scalability across fewer servers. Buy.com then
selected the AltaVista search engine to power all nine of its online stores.
"We share a common goal with Buy.com -- to create a tailored purchasing
experience so that customers can find exactly what they are looking for
quickly," said Jeff Black, vice president, AltaVista Business Solutions.
"AltaVista`s solution delivers the speed, scalability and customizability that
Buy.com needs to enhance customer satisfaction."
AltaVista`s powerful search engine allows Buy.com customers to search an
inventory of more than 850,000 products. In addition to AltaVista`s
scalability and reliability, AltaVista`s technology will help Buy.com to
reduce costs by reducing the number of servers necessary to perform searches.
The AltaVista Software Developer`s Kit V2.6 trial version is available at
http://solutions.altavista.com.
About AltaVista Business Solutions
AltaVista Business Solutions licenses industry-leading AltaVista search
engine products and hosted services to e-commerce companies, portals and
global enterprises. AltaVista search technology is one of the fastest, most
reliable and scalable search tools for online businesses. AltaVista Business
Solutions has more than 850 customers worldwide. Additional information is
available about AltaVista Business Solutions at
http://solutions.altavista.com.
AltaVista Company is the premier media and commerce network offering
Internet users up-to-the-minute news, live video, content, search and shopping
resources. The company integrates unique technology, products and services to
deliver relevant results faster for both individuals and businesses. AltaVista
is building on its heritage of technology and innovative leadership, offering
informative services including AltaVista Search, AltaVista Live!, AltaVista
Shopping.com, and AltaVista Free Internet Access combined with the
microportal. AltaVista is a majority-owned operating company of CMGI, Inc.,
Andover, Mass. AltaVista is headquartered in Palo Alto, Calif.
NOTE: AltaVista is registered with the U.S. Patent and Trademark Office.
Shopping.com, Smart is Beautiful and AltaVista Free Access are trademarks of
AltaVista Company or its affiliates. Product names mentioned herein maybe
trademarks and/or registered trademarks of their respective companies.
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 resulting from the agreement between AltaVista and Buy.com
and the expected functionality of the combination of the technologies and
products of AltaVista and Buy.com. These risks and uncertainties include,
without limitation, risks associated with the potential failure to achieve the
beneficial synergies which may be expected to result from the agreement, the
risk that AltaVista`s technology and products will not successfully
interoperate with those of Buy.com, and increased competition in the markets
in which AltaVista and Buy.com 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.
SOURCE AltaVista Company
-0- 02/23/2000
/CONTACT: Molly Ingle of AltaVista Business Solutions, 650-389-3781, or
molly.ingle@av.com; or Aimee Brainard of Applied Communications, 415-365-0222,
ext. 281, or abrainard@appliedcom.com, for AltaVista Business Solutions/
/Web site: http://www.buy.com/
/Web site: http://www.altavista.com/
-- SFW102 --
3524 02/23/2000 09:03 EST http://www.prnewswire.com
Copyright PR Newswire 1998. All rights reserved.
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