Stocks to Watch: Unilever, iVillage Form Internet Joint Venture

Unilever (UN Quote) said it formed an Internet company with iVillage (IVIL Quote). The two companies set a joint venture to sell beauty and personal care products online. Unilever and iVillage plan to provide $200 million in cash, intellectual property, marketing and other resources, Unilever said.

Mergers, acquisitions and joint ventures

IBM (IBM Quote) and Symbian said they would create software for business users that would give users of Symbian-based wireless Smartphones and Communicators instant access to Web and corporate data.

Intel(INTC Quote) said it would make a $100 million investment in Symbol Technologies(SBL Quote) and work with Symbol to develop wireless networking products. The investment, which represents roughly 1.4 million shares of Symbol, would give Intel a 1.5% interest in the company. The companies expect to launch their first product line in 2000. ...