For $95.44 million in cash… “The buyout will provide a springboard for our company to venture into the U.S. Internet market and become a global player, Daum said in a disclosure statement to the Kosdaq exchange. Lycos is ranked seventh in U.S. in terms of site visits and has about 170,000 paid users, according to data provided by Daum. Some more info on Daum here…
For all the details leading up to the Lycos US sale, read our dedicated company section….
I’m very curious to see how they’ll handle Wired News, mainly ’cause that’s the closest to my heart…
Terra Lycos’ US Properties: Some of these come as a suprise to me:
– Lycos.com
– Wired.com
– Quote.com
– RagingBull
– Tripod.com
– Angelfire
– HotBot
– Matchmaker
– Gamesville
– Sonique
– Whowhere.com
They killed Webmonkey earlier this year…
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