Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
Broadband access continues to grow worldwide, accounting for a large share of total Internet access, according to a new eMarkter report. At year-end 2005, there were 194.6 million broadband households worldwide, up 37% from 2004.
Broadband access continues to grow worldwide, accounting for an ever-larger percentage of total Internet access, according to a new report from eMarketer.
At year-end 2005, 194.6 million households worldwide accessed the Internet via broadband, up 37% from 142 million households in 2004, according to eMarketer. There were an estimated 845.4 million Internet users worldwide.
The U.S. had about 43.7 million broadband households, representing 108.1 million users at the end of last year, eMarketer said. The U.S. had an estimated 175.4 million Internet users at the end of 2005.
EMarketer predicts that there will be 173.5 million broadband users in the U.S by 2010.
“Despite a maturing broadband sector in Western Europe, North America and some parts of Asia, the large populations of China, India, Russia, Turkey, Brazil and Mexico, all of which saw strong broadband growth in 2005, will ensure that global broadband subscriber growth remains in the double digits for many years to come,” said Ben Macklin, eMarketer senior analyst.
Last year, Asia-Pacific had the most broadband households-77.6 million, followed by Europe (55.2 million), the U.S., China (34.1 million), Latin America (7.3 million) and Canada (6.5 million).
Studies show that broadband shoppers purchase more online.