New York Times Co. acquires Abuzz Technologies

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The New York Times Co. plans to acquire Abuzz Technologies, developers of Beehive software. Beehive facilitates online community-building. The acquisition will enable The New York Times Co. to bring groups of people with similar interests together online, which will be attractive to advertisers, said Martin Nisenholtz, CEO of Times Co. Digital.

Copyright July 1999, Crain Communications Inc.

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