Netscape closes Brazil office

Netscape closes Brazil office

Netscape is closing its office in Brazil as part of a reorganisation, according to Carmine Barone, general manager of the Brazilian Netscape subsidiary.

The closure last week came at the same time as the announcement that America Online was planning to acquire Netscape in a stock-for-stock transaction worth $US4.2 billion. Barone said he felt the AOL deal played a part in the closure.

"They certainly had to tidy up the machinery and Brazil remained," said Barone, adding that the reorganisation affected countries in Europe and Asia, as well as the United States. Ten people will be dismissed in Brazil as a result of the closure, he said.

Netscape officials in the US could not be reached for comment.

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