VICINITY CORPORATION

Vicinity provides technology-based solutions that enable businesses and governments to market the local availability of their products and services. Using Web, wireless and speech platforms, Vicinity offers a portfolio of application services and application programming interfaces (APIs) that allow enterprises to analyze and direct their customers to a store, branch or outlet near them that offers the specific product or service they are seeking. In October 2002, Vicinity Corporation and Mic... rosoft Corporation entered into a definitive agreement, pursuant to which Microsoft would acquire Vicinity in a transaction valued at approximately $96 million. The transaction was structured as a cash merger, in which Vicinity shareholders would receive $3.33 in cash in exchange for each share of Vicinity common stock.

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