"Infospace was seeking to license Hoover's Company Capsules and database. Negotiations were never completed," said Carl Schwenker, associate with Brobeck, Phleger & Harrison, Hoover's law firm. "Then Hoover's information started appearing on Infospace's Web site."
Infospace disputes the claim, saying it had an "understanding" with Hoover's to use the data and that Hoover's provided the data to Infospace. "The lawsuit has no merit," said Punam Agrawal, Infospace director of marketing.
Hoover's provides information about public and private companies in a variety of formats, including Hoover's Online, IPO Central and Cyberstocks. Infospace gathers up a variety of databases on its Web site, including government information, stock quotes, business directories and city information.
Copyright April 1997, Crain Communications Inc.