[permalink] [id link]
Lycos Europe was a joint venture between Lycos and the Bertelsmann transnational media corporation, but it has always been a distinct corporate entity.
from
Wikipedia
Some Related Sentences
Lycos and Europe
Although Lycos Europe remains the largest of Lycos's overseas ventures, several other companies also entered into joint venture agreements including Lycos Canada, Lycos Korea and Lycos Asia.
Part of the deal was also German media giant Bertelsmann, owner of a stake in Lycos Europe.
In exchange for keeping the control over Lycos Europe, Bertelsmann agreed to spend US $ 1 billion worth in advertising at Terra Lycos through a five-year period.
Lycos Europe was a pan-European network of websites, offering services including communication tools, online communities, web search, e-commerce, web hosting, homepage building and Internet access.
It was an independent corporation, sharing no corporate structure with Lycos, Inc. ( USA ) other than the licensed use of their name in Europe, but Lycos Europe was formed as a joint-venture between Bertelsmann and Telefonica, who owned Lycos Inc. through Terra Lycos.
On 26 November 2008, Lycos Europe announced that it was to shut down and sell its remaining assets.
In November 2008, Lycos Europe announced that shareholders had called for its liquidation.
Sold assets included the sale of the Danish portal Jubii, the Lycos Chat-worldsbiggestchat ( which at the time was both the Lycos & Yahoo Chat in Europe ) was transferred to the new operator Noesis Systems Ltd, on March 9, 2009 and later rebranded as the Noesis Chat, Love @ Lycos was sold to a Swedish company.
Lycos Europe sold further businesses: the news search Paperball was taken over by Paperball GmbH, Munich.
Since liquidation, Lycos Inc withdrew the right for Lycos Europe to use their name and therefore, Lycos Europe are still partially trading under the name Jubii Europe.
Lycos and was
Lycos Inc. was formed with approximately US $ 2 million ($ million today ) in venture capital funding from CMGI.
The transaction closed in October 2000 and the merged company was renamed Terra Lycos, although the Lycos brand continued to be used in the United States.
On August 2, 2004, Terra announced that it was selling Lycos to Seoul, South Korea-based Daum Communications Corporation for $ 95. 4 million in cash ($ million today ), less than 2 % of Terra's initial multi-billion dollar investment.
In October 2004, the transaction closed and the company name was changed back to Lycos Inc.
In July 2006, Wired News, which had been part of Lycos since the purchase of Wired Digital in 1998, was sold to Condé Nast Publications and re-merged with Wired Magazine.
The Lycos Finance division, best known for Quote. com and Raging Bull. com, was sold to FT Interactive Data Corporation in February 2006, while its online dating site, Matchmaker. com, was sold to Date. com.
In August of the same year, a new version of Lycos Mail was released, which allowed sending and receiving large files, including unlimited file attachment sizes.
In February 2007, Lycos MIX was launched, allowing users to pull video clips from YouTube, Google Video, Yahoo!
Lycos was said to be a good target for other media companies, such as CBS.
) was purchased by Lycos and run independently from the rest of the magazine until 2006 when it was sold by Lycos to Advance Publications, returning the websites back to the same company that published the magazine.
Wired News was owned by Lycos not long after the split, until Condé Nast purchased Wired News on July 11, 2006.
Before joining Cycorp, he was a principal scientist at Terra Lycos, working on integrating statistical and knowledge-based approaches to understanding Web user behavior ; he has also been associated with Just Systems Pittsburgh Research Center and the Informedia Digital Library at Carnegie Mellon.
In early 2004 Lycos launched a beta release of a free toolbar search product, Lycos HotBot DeskTop, which the company said was " the first product to integrate traditional desktop search with Web search within the browser.
In January 2002, search engine Lycos reported that her name was among the most searched terms.
It was announced on July 9, 2000 that the founders of Suck. com and Feed. com had raised $ 4 million in fresh venture capital financing from Lycos Ventures LP for their new project.
The TOP 5 % logoTOP 5 % of all Web Sites was a web directory run by Lycos that aimed to review, categorize and award the top 5 % of all websites.
In 1997, it was acquired by Lycos, and its founder, Chris Kitze, and editor, Mark Simmer, both became Vice Presidents of Lycos.
Lycos and venture
( It was subsequently sold to Lycos in 1998 ) He was also a co-founder of Eziba ( later acquired by Overstock. com ), an Internet venture which sold handcrafted goods from artisans around the world.
Lycos and media
During 2006, Lycos introduced several media services, including Lycos Phone which combined video chat, real-time video on demand, and an MP3 player.
In November 2006, Lycos began to roll out applications centered around social media, including the first " watch and chat " video application with the launch of its Lycos Cinema platform.
The media announced they were shutting down but neglected to note that they were in no way related to their U. S. counterparts, resulting in a January 2009 posting by Lycos.
Lycos and has
Tripod. com and Angelfire are owned by Lycos and Angelfire has a free hosting plan.
* Netcraft states that Lycos Europe's anti-spam screensaver has taken two spammer websites offline.
She has two children ( now adults ): Bill Townsend a technology entrepreneur — cofounder of the Lycos search engine, and board member at Newegg. com and Amati Foundation, and Kelly Rostic, a former anchorwoman with NBC and Fox.
Until May 2004, Angelfire offered free email ( as a cobrand of Mailcity ) at the @ angelfire. com domain, but this feature has been replaced by webmail for premium users only ( through Lycos Domains ).
Lycos and corporate
As part of a corporate restructuring to focus on mobile, social networks and location-based services, Daum sold Lycos for $ 36 million in August 2010 to Ybrant Digital, an internet marketing company based in Hyderabad, India.
Unhappy with the summary termination of their colleagues, McCann and Lyman left shortly thereafter and were replaced with a smaller team based out of Lycos corporate headquarters.
Lycos and .
Engines like Lycos, Yahoo, and Bing offer kid-oriented versions of their engines that permit only children friendly websites.
Lycos, Inc. is a search engine and web portal established in 1994.
Lycos also encompasses a network of email, webhosting, social networking, and entertainment websites.
Lycos is a university spin-off that began as a research project by Michael Loren Mauldin of Carnegie Mellon University's main Pittsburgh campus in 1994.
Lycos enjoyed several years of growth during the 1990s and became the most visited online destination in the world in 1999, with a global presence in more than 40 countries.
In 1998, Lycos paid $ 58 million ($ million today ) for Tripod in an attempt to " break into the portal market.
" Over the course of the next few years, Lycos acquired nearly two dozen internet brands including Gamesville, WhoWhere, Wired Digital ( eventually sold to Wired ), Quote. com, Angelfire, Matchmaker. com and Raging Bull.
Near the peak of the internet bubble on May 16, 2000, Lycos announced its intent to be acquired by Terra Networks, the internet arm of the Spanish telecommunications giant Telefónica, for $ 12. 5 billion ($ billion today ).
Under new ownership, Lycos began to refocus its strategy.
0.205 seconds.