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To: John F Beule who wrote (233)	6/2/1999 10:08:00 AM
From: John F Beule	Read Replies (1) \| Respond to of 589

Yahoo! Buys Online Anywhere for $80M Get Quote, Company Info: YHOO Reuters SANTA CLARA, Calif. (June 2) - Web portal Yahoo! Inc. said Wednesday it acquired Online Anywhere, a maker of software that delivers the Internet to non-PC devices such as televisions, personal digital assistants, or data phones, for stock valued at $80 million. ''Online Anywhere is consistent with our Yahoo! Everywhere strategy...we've acquired the best in the business to ensure that consumers can get their Yahoo! anywhere, anytime,'' said Yahoo Chairman and Chief Executive Tim Koogle said in a statement. The acquisition extends a relationship that began in April, when Santa Clara, Calif.-based Yahoo struck a deal with Online Anywhere to use its services to format content for delivery to non-PC devices. Online Anywhere's technology automatically reformats and delivers Web pages to non-PC devices using the HTML programming language. The technology makes conversions that eliminate the need for separate Web pages for each device. The transaction will be accounted for as a pooling of interests. 08:50 06-02-99 Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.