Computer manufacturer Gateway (Nasdaq: GTW) announced Thursday that it has formed a major strategic agreement with top Internet incubator CMGI (Nasdaq: CMGI) that will result in new investment and e-commerce opportunities. Gateway has also agreed to invest $200 million (US$) for an ownership stake in CMGI.
Gateway Grabs Piece of CMGI
Posted by: Andy Wang May 14, 1999 12:00 AMComputer manufacturer Gateway (Nasdaq: GTW) announced Thursday that it has formed a major strategic agreement with top Internet incubator CMGI (Nasdaq: CMGI) that will result in new investment and e-commerce opportunities. Gateway has also agreed to invest $200 million (US$) for an ownership stake in CMGI.