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  September 5, 2001
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Home > Company Index > Media > Internet & Online Content Providers > HearMe

HearMe
Nasdaq: HEAR
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 NEWS FROM THE WIRES
HearMe to close operations, sell assets
Jul 30 2001 05:38 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
The Best of Bad Times
Mar 05 2001 12:00 AM PST

The Cult of the Marketeers
Jul 31 2000 12:00 AM PDT

 PROFILE
HearMe (formerly Mpath Interactive) is coming through loud and clear. A specialist in real-time voice technology for the Web, HearMe licenses its Voice over Internet Protocol (VoIP) technology to companies such as Raindance Communications and eshare communications. The company offers PC-to-PC and PC-to-phone applications focusing on voice conferencing, calling, and voice interaction for e-commerce sites. As part of a restructuring initiative to concentrate on its voice technology, HearMe sold its Web communities (including entertainment and games Web site Mplayer.com) to online game firm GameSpy Industries in early 2001. Investment firm Accel Partners owns about 10% of the company.

 COMPETITION
Latitude Communications, Inc. (LATD)
Net2Phone, Inc. (NTOP)
deltathree, Inc. (DDDC)

 DEALS
Deal: GameSpy Acquires Business Unit From HearMe
Date Announced: 12.20.00
Value of transaction (US $Mil): 0
Description: Interactive gaming developer buys Mplayer.com gaming and entertainment property from voice-over IP tech firm in cash and stock transaction.

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 TRACKERS
Jul. 30, 2001 - LAYOFF TRACKER
57 laid off
Description: See Flop Tracker.

Apr. 23, 2001 - LAYOFF TRACKER
50 laid off
Description: Streamlining operations to ensure "financial flexibility."

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 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13.90
1-Yr. Sales Growth: (10.3)%
Employees: 219
Revenue per employee: $63,470.32

 KEY PEOPLE
• Robert Csongor
    CEO
• Linda Palmor
    CFO

 CONTACT INFO
685 Clyde Ave.
Mountain View, CA 94043
US
Phone: 650-429-3900
Fax: 650-429-3911
Online: Web Site

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