ZDNet to Acquire Updates.com.
Move To Position ZDNet Help Channel as the Ultimate Technology Service Center
SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , June 7 /PRNewswire/ -- Underscoring the importance of online help, maintenance and service to people who use technology products, ZDNet (NYSE NYSE
See: New York Stock Exchange : ZDZ) today announced that it has signed a letter of intent to acquire Updates.com Inc. Terms of the proposed transaction were not disclosed. Updates.com (www.updates.com) simplifies the complex process of updating and upgrading software and analyzing hardware by providing a range of automated au·to·mate
v. au·to·mat·ed, au·to·mat·ing, au·to·mates
1. To convert to automatic operation: automate a factory.
2. services and content.
"Updates.com is an outstanding fit for ZDNet, which attracts millions of technology-interested visitors," said Dan Rosensweig, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ZDNet. "All computer users have a need for software updates to keep pace with rapidly changing technology. With Updates.com, ZDNet will be uniquely positioned as the upgrade liaison between hardware and software vendors and their customers, creating a one-stop online help, service and support marketplace."
Updates.com's automated software update and hardware analysis service remotely scans a visitor's computer, and determines whether the software is out-of-date. It then displays a detailed list of updates and upgrades that can be downloaded, as well as suggestions for appropriate hardware upgrades. Users of the service can be notified in the future as new updates matching their profiles become available.
ZDNet plans to make Updates.com an integrated part of the popular ZDNet Help Channel, which provides visitors with a wealth of service and support content, from the latest help-related news, tips and reviews to personal guidance and manufacturers' FAQ's. "Our ZDNet Help Channel has become a trusted source of guidance for our visitors. The integration of Updates.com will enable us to take online support to a new level by combining award- winning content with services that convert the tedious task of updating software into an automated 'painless' process," Rosensweig added.
"The combination of ZDNet and Updates.com will provide visitors with exciting possibilities," said Harold Harold, 1022?–1066, king of England (1066). The son of Godwin, earl of Wessex, he belonged to the most powerful noble family of England in the reign of Edward the Confessor. Through Godwin's influence Harold was made earl of East Anglia. Lund Lund (lŭnd), city (1990 pop. 62,910), Malmöhus co., S Sweden. It is a commercial and industrial center and a rail junction. Manufactures include paper, packaging, printed materials, and clothing. Mentioned (c. , president of Updates.com. "People who use computers trust ZDNet to provide reliable content, and value ZDNet for its incredible depth and breadth of technology information and services. By integrating Updates.com with ZDNet, we plan on creating a comprehensive computer updating, service and support center that raises the bar for convenience and efficiency."
Based in San Francisco, ZDNet develops and maintains the ZDNet Web site (www.zdnet.com), a leading source for technology and Internet Internet
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the content and commerce. By combining groundbreaking, interactive technology with editorial from its own award-winning editorial team and from Ziff-Davis' worldwide network of journalists, ZDNet produces original, compelling content and communities of common interests in technology. ZDNet is consistently ranked by Media Metrix as the number-one Web site in the News, Information and Entertainment category. ZDNet is a division of Ziff-Davis Inc.
This release contains forward-looking statements that are subject to risks and uncertainties. Although Ziff-Davis Inc. believes that the expectations reflected in its forward-looking statements are reasonable, actual results could differ materially from those expectations. Important cautionary statements and risk factors that would affect actual results are discussed in materials filed by Ziff-Davis Inc. with the Securities and Exchange Commission, including under the caption "Risk Factors" in the Registration Statement on Form S-1, which became effective March 30, 1999. Holders of ZD Stock and ZDNet Stock are common stockholders of Ziff-Davis Inc. and are subject to the risks associated with an investment in Ziff-Davis Inc. and all of its businesses, assets and liabilities.