Oxygen Media buys Internet software company

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Geraldine Laybourne's Oxygen Media, New York, a cable network and Internet company, has acquired Intype, a Seattle-based company that creates Web applications. Financial terms of the deal were not disclosed. Intype's founder and President Peter Rinearson, will become senior VP-applications at Oxygen and will remain with his staff in Seattle. Intype will integrate its Babynamer.com site, as well as other parenting online applications in development, into Oxygen's Moms Online site. Oxygen is also purchasing Seattle Web design companies Raster Ranch and Christianson Animation. Ms. Laybourne left a post as president of Disney/ABC Cable Networks in 1998 to found Oxygen.

Copyright July 1999, Crain Communications Inc.

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