More NewsExcite Acquires Classifieds2000

Excite Acquires Classifieds2000

Excite Inc. said it acquired Classifieds2000 , a Web classifiedadvertising company, in a stock swap transaction valued at $48 million.

Excite Inc. said it acquired Classifieds2000, a Web classified advertising company, in a stock swap transaction valued at $48 million.

The deal involves the exchange of 890,000 shares of Excite common stock for all outstanding shares of Classifieds2000.

Excite said the acquisition is further evidence of its expansion into the online classifieds and person-to-person Web-based commerce markets.

In a diversification play in January, Excite acquired online advertising firm Match Logic for $89 million.

Related Articles

How to measure a multi-channel marketing strategy

Digital Marketing How to measure a multi-channel marketing strategy

6d Tereza Litsa
The future of retail: How IoT is transforming the retail industry

Digital Transformation The future of retail: How IoT is transforming the retail industry

1m Diana Maltseva
GDPR: The role of technology in data compliance

Data & Analytics GDPR: The role of technology in data compliance

8m Clark Boyd
What companies can learn from the We-Vibe lawsuit about the Internet of Things

Legal & Regulatory What companies can learn from the We-Vibe lawsuit about the Internet of Things

1y Al Roberts
Has advertising arrived on Google Home?

Media Has advertising arrived on Google Home?

1y Al Roberts
Target is the top retail digital marketer, so why is it struggling?

Ecommerce Target is the top retail digital marketer, so why is it struggling?

1y Al Roberts
YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

More News YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

1y Al Roberts
YouTube is getting rid of 30-second unskippable pre-roll ads

Ad Industry Metrics YouTube is getting rid of 30-second unskippable pre-roll ads

1y Al Roberts