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August 11, 1997updated 01 Sep 2016 4:51pm

NETOBJECTS CUTS COST OF FUSION AND PLANS TEAM VERSION

By CBR Staff Writer

Taking advantage of IBM Corp’s bottomless pockets, NetObjects Inc is cutting the price of its Fusion web site building tool. The small Redwood City company, in which IBM took a majority stake back in March (CI No 3,124) is also writing a new team-based version of Fusion. NetObjects was mum on details of its forthcoming NetObjects Site Team Open architecture product, which will be ready by the year-end other than to say that it will be based on work it did on the 24 hours in Cyberspace multi-page, multi-authored site that was built by more than 250 authors in 24 hours in February last year. The company would not say whether or not it would involve any IBM technology. The company’s Fusion 2.0 product now has a street price of $295 compared to $495 previously, and features what the company calls a site-based web- site building, as opposed to page-based tools. Users who bought the product between July 12 and August 10 will be eligible for a $200 refund and anybody who bought it before that will get a $200 rebate certificate to use to purchase any existing or future NetObjects product.

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