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By Mary Anne Ostrom, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News
Feb. 19--Web search pioneer AltaVista is being acquired by Overture Services, the fast-growing Internet company that provides search-related advertisements to some of the world's largest portals, including Yahoo and MSN.
Under the deal announced Tuesday, Overture, based in Pasadena, will pay $140 million in cash and stock for AltaVista, the once-hot Palo Alto search engine firm.
The move, coming on the heels of Yahoo's $235 million purchase last month of AltaVista rival Inktomi, signals an increased focus by surviving Internet companies on the lucrative business of using search…
Source: HighBeam Research, California-Based Overture Services to Acquire AltaVista for $140...