infoUSA Readies Possible Sale of Internet Division

Share this content:
infoUSA, Omaha, NE, will likely retain an ownership stake in its Internet subsidiary after a planned spinoff and will share revenues that the new company generates from the sale of content and from e-commerce activities, an infoUSA spokeswoman said this week.


Late last month the company announced that it had retained the Palo Alto, CA, law firm of Cooley Godward LLC to explore a possible spinoff of infoUSA.com. The Foster City, CA, infoUSA division provides online directories and offers a Web portal and Internet services for small businesses.


"What's envisioned is that infoUSA would continue to own the data, and the new company would have the right to license the White and Yellow Pages directory services," said Laurel Gottesman, a company spokeswoman.


She said the company hoped to have an agreement for the spinoff in place by year-end.


In a separate announcement this week, infoUSA.com said it filed for the right to offer Internet domain-name registrations. The company also said it would enrich its proprietary database of over 10 million businesses with the unique domain listings.
close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above