Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1 -- Ignore unavailable to you. Want to Upgrade?

To: King David who wrote (906)	12/1/2000 3:37:08 PM
From: axp	Read Replies (1) \| Respond to of 1013

S1's VerticalOne Unit To Merge With Yodlee Dow Jones Online News, Friday, December 01, 2000 at 14:55 REDWOOD SHORES, Calif. -(Dow Jones)- VerticalOne Corp., a unit of S1 Corp. (SONE), agreed to merge with another account aggregation services provider, Yodlee, based in Redwood Shores, Calif. Financial terms weren't disclosed. In a press release Friday, Yodlee said S1 will retain about a 32% stake of the combined company. Yodlee and VerticalOne currently manage nearly $10 billion in assets and 88 customers of their Internet applications products. The merger is expected to close by the end of the year. Trading of S1 shares was halted at about 2:12 p.m. EST. The last trade was $5.94.