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With a thumbs up from Compaq Computers, its new adoptive parent, AltaVista will continue with plans to convert the search service into a Web portal and retain ties to its ad-buying partner, DoubleClick. The move by Compaq, which finalized its deal to buy AltaVista owner Digital Equipment Corp. earlier this month, appears to alleviate concerns about the future for both AltaVista and DoubleClick.
In February, DoubleClick, New York, reported 45 percent of its revenue was derived from its business affiliation with AltaVista.
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