Print
E-mail
Share
digg
Newsvine
Facebook
Stumble
Technorati
reddit
Fark
twitterLV firm reaches AOL agreement
Tuesday, Sept. 18, 2001 | 10:47 a.m.
Las Vegas-based technology firm PurchasePro said Monday it reached an agreement with America Online to end PurchasePro's obligation to pay AOL $20.7 million, a requirement under a previously arranged partnership.
Richard Clemmer, chief executive of PurchasePro, had said in recent conference calls to Wall Street that he had told AOL executives future payments would not be coming because his company needed the cash to operate.
The two firms co-developed the Netscape Netbusiness Marketplace, an electronic business exchange that aims to channel mutual business traffic to each others' websites.
The PurchasePro statement said AOL will have the option of using PurchasePro's software for the Netscape marketplace.
archive
- Most Read
- Discussed
- Most E-mailed
- Google Maps glitch renames Henderson
- Fight snapshot: Pacquiao is a hit with Jimmy Kimmel, and vice versa
- Vegas is inspiring, but not buying, ideas for tourism ads
- Rebels’ win raises a few what-ifs
- Wood: Not the renewable energy some had in mind
- Pinnacle CEO resigns after meeting confrontation
- Quagga mussels a toxic threat to Lake Mead
- As earnings fall, Riviera unsure if bankruptcy can be avoided
- Trial set for parents of boy, 4, who died in hot vehicle
- Not all doctors agree with AMA support of bill
Blogs
Robin Leach's Las Vegas Celebrity Watch
Who are the Final Four on Dancing With the Stars?
Politics: Ralston's Flash
Drugs bring Nevada governor, first lady back together (3 Comments)
Elsewhere
Macau's gambling industry faces nightmare of water rationing (2 Comments)
Top Chef: Las Vegas
Top Chef Odds Week 11: And then there were six
Politics: The Early Line
Rep. Berkley livens health care debate with story of her own (1 Comment)
Now and Then
Wranglers to face familiar foe and that's putting it mildly
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s DWTS dream is in danger
Calendar »
- 10 Tue
- 11 Wed
- 12 Thu
- 13 Fri
- 14 Sat
-
Las Vegas Wranglers vs. Utah Grizzlies
Orleans Hotel-Casino
-
Leaving Springfield at Beauty Bar
Beauty Bar | 10 p.m. to 11:59 p.m.
-
Justin Sayne and Dignity at Moon
Moon Nightclub | 10:30 p.m. to 11:59 p.m.
-
Lily Tomlin at the Hollywood Theatre
Hollywood Theatre at MGM Grand
-
2nd Annual Go-Go Cup at Blush
Blush Boutique Nightclub | 10 p.m. to 11:59 p.m.
The Sun
Locally owned and independent for more than 50 years.
