The German site @-web reports that AltaVista Europe will seek to become a separate entity, more loosely connected to the American mother company.
According to a news story in the Financial Times, Pierre Paperon, the leader of AltaVista Europe, has said that he wants the new AltaVista Europe company to be listed on at least one of the European stock exchanges by the end of the year.
It turns out that @-web has based its story on a one year old article in the Financial Times. Pierre Paperon, who was reported to have said that he wanted a new AltaVista Europe company to be listed on at least one of the European stock exchanges, has not been working for AltaVista for over 8 months, and Kevin Eyres has since taken the leadership of AltaVista Europe.
AltaVista remains one company. In terms of being quoted in the stock market, AltaVista Europe and its owner CMGi had withdrawn their IPO plans.