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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. was formed with approximately US million in venture capital funding from CMGI.
Bob Davis became the CEO and first employee of the new company in 1995, and concentrated on building the company into an advertising-supported web portal.
In 2006, Lycos regained ownership of the Lycos trademark from Carnegie Mellon University.
On August 2, 2004, Terra announced that it was selling Lycos to Seoul, South Korea-based Daum Communications Corporation, now Kakao, for $95.4 million in cash, less than 2% of Terra's initial multibillion-dollar investment.
In October 2004, the transaction closed for sale of half of the business and the company name was changed back to Lycos Inc.
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En cliquant sur le site ou en le parcourant, vous nous autorisez à collecter des informations sur et en dehors de Facebook via les cookies.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 and Raging Bull.com, was sold to FT Interactive Data Corporation in February 2006, while its online dating site, Matchmaker.com, was sold to The remaining Terra half was reacquired by Telefónica.Under new ownership, Lycos began to refocus its strategy.Ybrant Digital paid million at signing and there has been a legal dispute over magnitude of the second installment between Ybrant and Daum.Tags: Adult Dating, affair dating, sex dating