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LookSmart sees buy.(acquires Zeal.com)(Brief Article)
LookSmart, the San Francisco-based directory service that serves eight of the top 15 web portals, has made its first acquisition as a public company, buying Culver City's Zeal.com for $20 million in stock. Zeal technology allows its members, called "zealots," to submit and publish descriptions of web sites.
The purchase signals LookSmart's intention of turning up the competition with directory services run by Netscape called the Open …
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