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41

Yahoo buys Viaweb

Yahoo issues 455,000 common shares in exchange for Viaweb, valuing the deal around $49 million. Viaweb now has 21 full-time employees at its Cambridge, Mass., headquarters. Graham says it was an early prototype for today’s startups: The reason we know that it’s possible to start a start-up with about $10,000 and someone to help with […]

42

Sells Feld Technologies to AmeriData

Feld Technologies, now at 20 people and just under $2m in revenues, is acquired by Sage Technologies (which becomes AmeriData Technologies). Feld becomes  Chief Technology Officer. Feld Technologies becomes AmeriData Consulting. By 1997 AmeriData Consulting is a 400 person, $40 million organization and is sold to GE Capital.