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06/19/2001 Archived Entry: "YellowBrix to Acquire iSyndicate"

InternetNews - Business News -- YellowBrix to Acquire iSyndicate
Content infrastructure provider YellowBrix, Inc., has entered into an asset purchase agreement with iSyndicate, Inc., which builds Internet syndication infrastructure and application solutions. Existing investors led by Soros-backed Quantum Industrial Partners have agreed to finance the cash portion of the acquisition as well as capitalize the combined company's long-term business plan. Terms of the deal were nor disclosed.

iSyndicate's services should complement the Alexandria, Va.-based YellowBrix's product set, making the combined company the dominant provider of information solutions and contextual content services with more than 400 customers, over 300,000 affiliates and more than 100 strategic alliances and technology partnerships