>Go2Net Acquires Authorize.Net for $90.5 Million<
"Internet's Leading Payment Authorization System for Online Businesses Joins
The Go2Net Network
SEATTLE, July 1 /PRNewswire/ -- Go2Net, Inc. (NASDAQ:GNET), a network of branded, technology- and community-driven Web sites, today announced that is has acquired Authorize.Net Corporation ( authorize.net ), the Internet's leading payment authorization service for online businesses, for $90.5 million in Go2Net stock and cash. Effective immediately, the transaction brings Go2Net a critical component in its ongoing development of end-to-end commerce solutions for its HyperMart ( hypermart.net ) and Virtual Avenue ( virtualave.net ) business hosting services, which together comprise the Internet's largest aggregation of small and medium-sized businesses, with more than 360,000 member businesses. The services are growing at the combined rate of more than 1,000 new business members per day."
And there is more on this, but could not make a link.
This is BIG news, IMO this is the the business link that Russ & crew have really been after.
I will try to get the link for the whole story'''
Puna
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