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---- Overture to Acquire Web Search Unit of Fast Search & Transfer -- FAST


Rumbas - 1:37 pm on Feb 25, 2003 (gmt 0)


Overture will acquire FAST's Internet business unit for $70 million in cash, as well as performance-based cash incentive payments for up to $30 million over three years.

And they go on:

..assets including FAST Web Search™, AlltheWeb.com™, and FAST PartnerSite™ products, related intellectual property rights, as well as data centers and equipment in Sacramento (USA) and London (UK).

Nothing more than a few pennies - I'm shocked!

[fastsearch.com...]

[edited by: Rumbas at 1:41 pm (utc) on Feb. 25, 2003]


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