FindWhat.Com Announces Plans to Acquire Miva Corporation

  • September 3, 2003, a developer and provider of performance-based marketing services, has announced plans to acquire privately-owned Miva Corporation, a supplier of e-commerce software and services to small and medium-sized businesses, for $5.5 million, plus the assumption of approximately $2.5 million in notes and other liabilities. According to the announcement, together with Miva, plans to offer a more complete, comprehensive business solution to small-to-medium sized enterprises ("SMEs"). SMEs can utilize Miva Merchant software to create fully operational online storefronts with shopping cart capability and can purchase other complementary e-commerce services through Miva's additional plug-ins and modules. Company officials say that through, online marketers are able to cost-effectively promote their websites and find highly qualified prospects who have already expressed an interest in their product or service.
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