Lycos Sold By Daum for $36 Million

[bill]

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]

How the mighty have fallen, eh!

[LifeinAsia]

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]

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]

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