The Internet sector kept hemorrhaging in May as 54 companies shut down, bringing the total of dot-coms turned dot-bombs to at least 493 since January 2000
Published:
8 June 2001 y., Friday
The Internet sector kept hemorrhaging in May as 54 companies shut down, bringing the total of dot-coms turned dot-bombs to at least 493 since January 2000, according to Webmergers.com, an online marketplace that tracks Internet business activity.Buyers spent $3 billion for 110 Internet companies in May, up from $2.6 billion for 115 in April.
Major M&A deals for Internet companies in May included the $372 million paid for MP3.com by Vivendi Universal, the $340 million purchase of Digital Island Inc. by Cable & Wireless Plc, the $147 million acquisition of Freshwater Software by Mercury Interactive Corp. and $33 million paid for SkillsVillage by PeopleSoft Inc.
Šaltinis:
msnbc.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Commission sets out first finance proposals for Copenhagen pact on climate change.
more »
The World Bank today approved a US$39.5 million loan for the Rio de Janeiro Sustainable Rural Development Project in southeastern Brazil.
more »
The World Bank Board of Executive Directors approved today an additional US$7.8 million for the Colombia Peace and Development Project.
more »
In 2008, the total number of non-cash payments, using all types of instruments, increased by 5% to 78 billion in the EU.
more »
Current economic indicators seem to show a cautious recovery in some of the biggest European economies, such as Germany and France.
more »
Launch Early Operation Phase (LEOP) has been successfully completed and the Palapa-D communications satellite is now in the nominal geostationary orbit (GEO).
more »
The Supervisory Council of AB DnB NORD Bankas on 8 September 2009 elected Šarūnas Nedzinskas as a member of the bank‘s Management Board.
more »
In the last few months farmers across Europe have taken their tractors to the streets to protest at what is being termed the biggest milk crisis for decades.
more »
Mobile telecoms companies have pledged to support the EU’s campaign to equip new cars with a device that would automatically call for help in the event of an accident.
more »
Nordic and Baltic countries aim to strengthen cooperation of business and industry stakeholders.
more »