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E.piphany to Acquire RightPoint

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Reuters

E.piphany Inc., a supplier of Internet customer management software, said it will buy RightPoint Corp., which helps track Web users’ surfing habits, in a $393-million stock swap. E.piphany said it will issue about 3.5 million of its shares to the stockholders of privately held RightPoint, or about 10.5% of the combined company. E.piphany said the combination of the two firms’ technologies would give companies a “single view” of customers, whether they contact a company via the telephone, the Internet or in person at stores. Both E.piphany and RightPoint are based in San Mateo, Calif. E.piphany shares rocketed $45.25 to close at $157.75 on Nasdaq.

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