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Lycos Sold By Daum for $36 Million
bill

WebmasterWorld Administrator bill us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 4187656 posted 12:56 pm on Aug 16, 2010 (gmt 0)

Hey. I remember these guys!
Lycos Is Still Around Sold By Daum To Ybrant In $36 Million Deal [techcrunch.com]

Lycos, the ill-fated operator of a search engine, Web portal and whatnot originally established in 1994 (!) has a new owner once again.

India-based digital marketing solutions company Ybrant Digital has purchased Lycos from Korean Internet company Daum for a reported $36 million in a stock purchase agreement.

 

engine

WebmasterWorld Administrator engine us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



 
Msg#: 4187656 posted 5:18 pm on Aug 17, 2010 (gmt 0)

How the mighty have fallen, eh!

LifeinAsia

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Msg#: 4187656 posted 5:50 pm on Aug 17, 2010 (gmt 0)

From $5.4 billion in 2000 to $95.4 million in 2004 to $36 million in 2010. At least its rate of depreciation is slowing...

Demaestro

WebmasterWorld Senior Member demaestro us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 4187656 posted 6:46 pm on Aug 17, 2010 (gmt 0)

I still can't believe someone paid 5.4 BILLION for it at any point during it's lifespan.

Imagine what you could build from scratch with that much cash.

phranque

WebmasterWorld Administrator phranque us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



 
Msg#: 4187656 posted 11:24 am on Aug 18, 2010 (gmt 0)

that (lycos/terra) was a stock swap, not a cash deal.

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