View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 15, 1998


By CBR Staff Writer

Internet commerce software vendor Open Market Inc got a much- needed boost yesterday with the announcement of a licensing deal with America Online Inc. AOL has taken the company’s flagship Transact software to provide electronic commerce capabilities to two areas of AOL content, the Classifieds and Love@AOL. That capability has not been announced by AOL yet, so it was reluctant to give any details about the agreement. Last week Burlington, Massachusetts-based Open Market stunned investors with a dire third quarter profit warning that sent it shares down 28% at the close on the day (10/07/98). Yesterday’s news took them back past that level and a bit more, closing up $1.625, or 30.2% at $7.00.


Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.