[email protected], Dow Jones form Work.com

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[email protected], Redwood City, Calif., and Dow Jones & Co., New York, are forming a joint company called Work.com, which will provide content and services for small and midsize businesses. Dow Jones and [email protected] will each own half of the new company, and are planning an initial public offering for Work.com's minority shares later this year, pending market and business conditions. Last year, Dow Jones and Excite kicked off sites aimed at the small business market. Dow Jones launched dowjones.com and [email protected]'s business-to-business division @Work opened Work.com. The combined site, which unites [email protected]'s Web hosting and application services with Dow Jones' editorial content, will launch later this year.

Copyright February 2000, Crain Communications Inc.

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