Feeds

Alta Vista set to go it alone

Compaq buys online shopping site - fuels speculation over portal sell off

  • alert
  • submit to reddit

The essential guide to IT transformation

Compaq's decision to buy beleaguered Shopping.com for its AltaVista Net guide only serves to fuel speculation that the world's second largest computer company is getting ready to flog the portal it acquired last year, The Register can reveal. The $220 million deal announced today would give Compaq a 90 per cent stake in Shopping.com. More importantly, it would make AltaVista even more attractive to prospective buyers since the portal would also include a major, and potentially important, revenue earner. In a pre-prepared press statement, senior Compaq executive Rod Schrock said: "Our intent is to make AltaVista the leading guide for both information and ecommerce on the Internet." And he is hoping to drive even more traffic to Shopping.com by using the AltaVista portal and Internet-enabled Compaq PCs. No one from Compaq was available for comment on rumours of the sell-off. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.