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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (52772)4/26/1999 5:52:00 PM
From: Grant C  Respond to of 164684
 
Amazon buys three...

news.com



To: $Mogul who wrote (52772)4/26/1999 6:00:00 PM
From: Jenne  Respond to of 164684
 
Amazon buys three companies
By Jeff Pelline and Dan Mitchell
Staff Writers, CNET NEWS.COM
April 26, 1999, 2:30 p.m. PT

Amazon.com today said it agreed to buy Alexa Internet, Exchange.com, and Accept.com, an
Internet triple play that will greatly expand its business, sources said.

Amazon is spending a total of $645 million for the three privately held companies. An announcement
concerning the deals, expected to close by June 30, is expected later today.

Exchange.com operates the popular bibliofind.com, a seller of used and antiquarian books, as well as
musicfile.com, which features music memorabilia and rare recordings. Amazon said this will add more than 12
million book and music items for sale.

Alexa Internet offers a free advertising-supported Web navigation service.

Accept.com is an e-commerce company developing technology for business and consumer transactions on
the Internet.

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