Infoseek buys shopping guide company for $17 mil

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Infoseek Corp. agreed to buy Quando, a Portland, Ore., technology company for $17 million in Infoseek stock. Quando makes customized directories, shopping guides, contact directors, audio clip libraries and review guides.

Quando's EventBot is being used on America Online's Digital City. Infoseek plans to introduce shopping and local event guides by yearend. Currently, Yahoo! licenses a technology called Junglee for its shopping guide, and Excite last year purchased Jango, a company that powers its event finder and shopping guide.

Copyright August 1998, Crain Communications Inc.

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