LookSmart in Directory Deal With AltaVista Europe
LookSmart
(LOOK)
said its joint venture with
British Telecom
(BTY)
,
BTLookSmart
, signed a directory deal with
AltaVista Europe
to serve 10 million users in Europe.
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The companies didn't disclose any financial details of the agreement.
BTLookSmart will become the exclusive Web directory for AltaVista in the U.K., Germany, France, Sweden, Spain, Italy and the Netherlands, and will also provide its Express Submit and Subsite Listings products to businesses wanting to be listed in the search engine. In addition, LookSmart, which is based in San Francisco, said its directory listings will be integrated into AltaVista's search index in the U.S.
Shares of LookSmart, which jumped 6.2% in preopen
Island
trading, were recently down 4.31% to $6.31 on the
Nasdaq
.
AltaVista is a majority-owned operating company of
CMGI
(CMGI)
.
