377:. By that time, its stock price had declined 78% from its high earlier in the year. In February 2004, the company acquired Modus Media. In September 2008, the company changed its name to ModusLink Global Solutions, Inc. In December 2017, the company acquired IWCO Direct for $ 476 million in cash. In February 2018, the company changed its name to Steel Connect, Inc. In May 2023, Steel Partners acquired majority control of the company and infused $ 200 million of cash into the company.
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The company was formed in 1968 as
College Marketing Group by Glenn and Gail Mathews. At first, the company sold mailing lists of university faculty to textbook publishers. In 1986, after a leveraged buyout, David Wetherell became CEO, and the company became known as CMGI, Inc.
766:
357:. In May 2000, the company acquired Tallan, Inc. for $ 920M. In August 2000, the company agreed to pay $ 7.6 million per year for 15 years for the naming rights of the home stadium of the
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346:. Between 1995 and 1999, it had the best-performing stock in the United States, returning 4,921%. After the crash of the bubble, the stock price fell 99%.
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in
November 1994, and the company used the proceeds of the sale to set up CMG @Ventures, a
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and it also formed
Navisite. In June 1999, the company agreed to acquire an 83% stake in
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for $ 2.3 billion. In
September 1999, the company acquired AdForce, founded by
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731:"ModusLink Announces Acquisition of IWCO Direct for $ 476 Million in Cash"
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749:"ModusLink Global Solutions, Inc. to Change Name to Steel Connect, Inc"
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416:"GLENN MATTHEWS Obituary (1937 - 2013) - Wilmot, NH - Boston Globe"
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after
Wetherell noticed the website while on vacation. During the
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The company invested $ 1 million for an 80% ownership interest in
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767:"STEEL PARTNERS AND STEEL CONNECT CLOSE EXCHANGE TRANSACTION"
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369:. In 2000, the company recorded a $ 661 million gain when
322:, for $ 500 million. In November 1999, Altavista acquired
674:
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588:"CMGI Agrees to Buy uBid In $ 407 Million Stock Deal"
689:
586:
564:
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395:"Steel Connect, Inc. 2019 Form 10-K Annual Report"
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338:of $ 41 billion and owned the naming rights to
769:(Press release). May 2, 2023 – via Gale.
792:
299:firm that invested in internet companies.
361:. In August 2002, after the bursting of the
711:McIntyre, Douglas A. (September 30, 2008).
566:"CMGI completes acquisition of yesmail.com"
799:
785:
483:"CMGI cuts ties with past, sells NaviSite"
45:
36:
1668:Software companies based in Massachusetts
1526:Trial of Kenneth Lay and Jeffrey Skilling
710:
1673:Software companies of the United States
544:"CMGI's AltaVista acquires Raging Bull"
399:U.S. Securities and Exchange Commission
330:, the company, which was then known as
279:In February 1994, the company became a
14:
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713:"ModusLink Replaces CMGI (MLNK, CMGI)"
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432:
353:. In April 2000, the company acquired
1663:Online companies of the United States
780:
287:. That same month, Wetherell founded
263:is an American company that provides
1648:1968 establishments in Massachusetts
1594:Enron: The Smartest Guys in the Room
650:"CMGI Field is now Gillette Stadium"
441:"CMGI Can Defy Gravity Only So Long"
410:
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349:In March 2000, the company acquired
24:
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691:"CMGI completes Modus acquisition"
628:Mannes, George (August 25, 2000).
387:
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630:"CMGI buys stadium naming rights"
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267:services to software companies.
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150:Warren G. Lichtenstein (interim
66:ModusLink Global Solutions, Inc.
1118:Digital Convergence Corporation
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697:American City Business Journals
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550:American City Business Journals
252:Footnotes / references
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461:Simons, David (May 31, 2001).
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1465:WebChat Broadcasting System
609:"CMGI sets $ 920M purchase"
122:; 56 years ago
10:
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503:"CMGI inks AltaVista deal"
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1308:NorthPoint Communications
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27:American software company
1228:Interactive Intelligence
594:The Wall Street Journal
523:"CMGI acquires AdForce"
285:initial public offering
265:supply chain management
111:Supply chain management
63:CMG Information Systems
60:College Marketing Group
1678:Waltham, Massachusetts
670:"CMGI beats estimates"
463:"Making Sense Of CMGI"
100:Russell Microcap Index
1562:The Industry Standard
1511:Irrational exuberance
678:. September 21, 2000.
531:. September 20, 1999.
491:. September 12, 2002.
336:market capitalization
1460:Vignette Corporation
1258:The Learning Company
755:. February 26, 2018.
737:. December 18, 2017.
617:. February 14, 2000.
597:. February 10, 2000.
553:. November 29, 1999.
450:. December 10, 2000.
359:New England Patriots
344:New England Patriots
340:the new home stadium
205:$ 731 million (2019)
188:-$ 66 million (2019)
171:$ 819 million (2019)
1555:Conspiracy of Fools
1548:Blood on the Street
1415:Tradex Technologies
1028:Akamai Technologies
977:Kaleil Isaza Tuzman
261:Steel Connect, Inc.
228:Number of employees
222:$ 52 million (2019)
32:
31:Steel Connect, Inc.
1608:Valley of the Boom
1516:Sarbanes–Oxley Act
1383:Scout Electromedia
1158:Epidemic Marketing
447:The New York Times
156:executive chairman
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1435:USinternetworking
1303:Network Solutions
1048:Blue Coat Systems
1033:Alteon WebSystems
1018:Actua Corporation
972:Scott D. Sullivan
957:Michael J. Saylor
872:Charlie Gasparino
751:(Press release).
733:(Press release).
700:. August 2, 2004.
658:. August 5, 2002.
575:. March 13, 2000.
511:. August 5, 2002.
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139:Smyrna, Tennessee
16:(Redirected from
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1531:WorldCom scandal
1445:VA Linux Systems
1363:Redback Networks
1233:Internet America
1148:Egghead Software
1103:Cyberian Outpost
1063:Broadband Sports
1023:Airspan Networks
982:Julie Wainwright
962:Jeffrey Skilling
947:Stephan Paternot
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1123:Digital Insight
1088:Cobalt Networks
1058:Books-A-Million
1043:Arthur Andersen
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324:RagingBull.com
320:Chad Steelberg
293:America Online
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1400:theGlobe.com
1368:Register.com
1263:Liquid Audio
1093:Commerce One
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932:PayPal Mafia
907:Gerry Kearby
902:Howard Jonas
897:Jeff Hawkins
887:Jack Grubman
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488:The Register
486:
477:
466:
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445:
434:
423:. Retrieved
419:
389:
348:
331:
301:
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274:
260:
259:
251:
232:1,358 (2019)
212:Total equity
195:Total assets
135:Headquarters
74:Company type
1601:Startup.com
1455:VerticalNet
1405:Think Tools
1133:DoubleClick
1108:CyberRebate
1008:360networks
927:Mary Meeker
917:Kenneth Lay
892:Josh Harris
832:Bob Bernard
753:PR Newswire
735:PR Newswire
1642:Categories
1348:Pseudo.com
1313:Palm, Inc.
1278:MarchFirst
1208:HomeGrocer
1198:Handspring
987:Jerry Yang
942:Jason Olim
867:David Filo
837:Jeff Bezos
425:2023-04-18
420:Legacy.com
381:References
332:CMGI, Inc.
178:Net income
146:Key people
1420:Transmeta
1358:Razorfish
1353:Radvision
1288:Net2Phone
1268:LookSmart
1248:Kozmo.com
1218:InfoSpace
1203:Healtheon
1183:GeoCities
1168:Flooz.com
1083:CMGI Inc.
996:Companies
857:Bob Davis
375:GeoCities
312:AltaVista
308:Geocities
102:component
86:Traded as
1627:Category
1587:e-Dreams
1480:WorldCom
1470:Websense
1323:Pets.com
1298:Netscape
1238:iVillage
1213:Infoseek
1193:govWorks
1013:AboveNet
952:Jim Rutt
635:ABC News
334:, had a
289:BookLink
107:Industry
54:Formerly
1499:History
1343:Prodigy
1333:Pixelon
1293:NetBank
1223:Inktomi
1178:Gadzoox
1078:Chemdex
1053:Boo.com
351:Yesmail
342:of the
283:via an
271:History
237:Website
163:Revenue
125: (
117:Founded
94::
1490:Yahoo!
1475:Webvan
1378:Savvis
1328:PFSweb
1318:PayPal
1163:Excite
1128:Divine
1038:Amazon
815:People
468:Forbes
371:Yahoo!
316:Compaq
92:Nasdaq
78:Public
1450:Verio
1440:UUNET
1395:Terra
1273:Lycos
1173:Freei
1153:Enron
1143:eGain
1113:Digex
1098:Covad
1073:CDNow
314:from
304:Lycos
1425:uBid
1388:modo
1243:iWon
1138:eBay
1003:3Com
355:uBid
244:.com
154:and
127:1968
120:1968
96:STCN
18:CMGI
675:CNN
655:CNN
614:CNN
528:CNN
508:CNN
152:CEO
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