SCT Buys Web-Portal Service for $42-Million

The SCT Corporation agreed this month to spend $42-million to buy all of the outstanding stock in Campus Pipeline Inc., which provides Web-portal services to more than 200 colleges. Campus Pipeline's customers will continue to receive the same technology services, which will include SCT software, company officials said.

SCT officials said the acquisition will help the company provide a campus technology infrastructure that can support a variety of online services. The company, formally

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