Online ad network and ad-serving company Engage Inc., a majority-owned operating company of CMGI, acquired Space Asia Media, an Asian online ad network, in an all-stock transaction. Space represents 270 Asian Web publishers and claims it serves more than 140 ad impressions monthly. Space will become Engage Asia; Colin MacIntosh, CEO of Space, will be president of Engage Asia. Financial terms were not disclosed.
Copyright August 2000, Crain Communications Inc.