Amazingly Lycos is still the 78th most visited site in the world - who knew!
(somewhere the folks who put together the Time Warner-AOL merger are saying "hey we weren't the only one!" while Mark Cuban is still laughing that Yahoo made him a multibillionare -$5 billion- for Broadcast.com)
- An Indian company on Monday said it is buying Lycos Inc., once a high-flying U.S. Web portal, for $36 million from Korean Web company Daum Communications. The buyer is Ybrant Digital, a digital marketing company based in Hyderabad.
- Originally based in Waltham, Mass., Lycos was one of the top destinations on the Web around 2000, helped by its Tripod Web-hosting services. It was bought by Spanish Internet service provider Terra Networks SA in 2001, in a deal originally valued at $12.5 billion.
- Lycos was unable to keep up with Google, Yahoo and other competitors for the attention of Internet surfers. In 2004, when Lycos was the eighth-largest destination on the Web, Terra sold the Web portal business to Daum in 2004 for $105 million while keeping other assets.
- Lycos says it gets 12 million to 15 million monthly unique visitors a month in the U.S., and 60 million world-wide. Online research firm comScore pegged Lycos’ traffic at 42.4 million unique visitors in June, enough to put it at the 78th spot worldwide.
In a related note - Inktomi and Theglobe.com are making a joint bid for AltaVista at $8.* (this is only funny if you lived the Wild West days of 1998-1999)