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Topic: Terra Lycos


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  Lycos - Wikipedia, the free encyclopedia
The CEO of the Lycos company was Bob Davis, a native of Boston who moved the headquarters of Lycos to Massachusetts from Pittsburgh, and concentrated on building it into an advertising-supported Web Portal, arguably at the expense of the information retrieval research on which the company was founded.
Lycos Europe was a joint venture between Bertelsmann and Lycos, but has always been a distinct corporate entity.
The Lycos company was purchased by Terra Networks, a subsidiary of the Spanish telephone company Telefónica, in October 2000, and the merged company was renamed Terra Lycos yet the Lycos brand was the US franchise.
en.wikipedia.org /wiki/Lycos   (512 words)

  
 IBM case study on Terra Lycos   (Site not responding. Last check: 2007-09-20)
Terra Lycos is the world’s largest global Internet network, with a presence in 43 countries and in 19 languages – reaching more than 111 million users per month.
Terra Lycos has created customized interfaces that make instant messaging as intuitive and easy-to-use as possible, and have seamlessly integrated it with other messaging services, such as e-mail.
Terra Lycos continues to look for new opportunities to enhance the solution with compelling features (such as integration of audio and video) not included with other instant messaging solutions.
www-306.ibm.com /software/success/cssdb.nsf/CS/EHON-5NUNBK?OpenDocument&Site=software   (1153 words)

  
 Terra Lycos Improves EBITDA by 61% Over The First Six Months of Last Year
Cash Terra Lycos has one of the strongest cash positions in its sector, which allows the Group to finance its operations and seize business opportunities with the aim of achieving profitable growth.
Terra Lycos, with headquarters in Barcelona and operating centers in Madrid and Boston, as well as elsewhere, is listed on the Madrid stock exchange (ticker: TRR) and on the NASDAQ electronic market (ticker: TRLY).
Terra Lycos undertakes no obligation to release publicly the results of any revisions to these forward looking statements which may be made to reflect events and circumstances after the date of this presentation, including, without limitation, changes in Terra Lycos business or acquisition strategy or to reflect the occurrence of unanticipated events.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-28-2003/0001990325&EDATE=   (2015 words)

  
 Boston.com / Business / Technology / Terra finds possible buyer for Lycos
Terra Networks had no comment beyond a bare-bones disclosure made to the Comisin Nacional del Mercado de Valores, a Spanish agency analogous to the US Securities and Exchange Commission.
Terra Networks is owned 72 percent by Telefonica, the top Spanish telephone company.
Terra Lycos has yet to turn a profit but hopes to next year.
www.boston.com /business/technology/articles/2004/07/29/terra_finds_possible_buyer_for_lycos   (429 words)

  
 terra + lycos
Terra and Lycos predict estimated revenue for the year 2000 of approximately 600 million US dollars, and jointly they currently account approximately 40 million of exclusive users and 175 million of daily access to their pages.
Terra Lycos will operate in 37 countries, occupying leadership positions in various fast-growing markets, in the US as well as in Latin America, Asia and Europe.
Terra Lycos will also run 49% of a new mobile telephony joint venture that will be constituted in association with Telefónica.
www.terra.com /terralycos   (1930 words)

  
 ISP-Planet - News - Lycos Charges for More
Lycos announces that its Gamesville on Demand service allows users to pay-to-play popular PC games without purchasing the software, and the company also announces a new alliance with Intranet.com to provide additional services to Lycos' small business customers.
Lycos Business Intranets features 12 intranet applications including a drag-and-drop document sharing library, a contact database, a group calendar, discussion groups with threaded discussions, group polling, a task manager, an expense report application, threaded discussions, and 100MB of storage.
Lycos Intranet premium services reinforces our commitment of moving our users from strictly free services to higher value, paid services," said Bryan Burdick, vice president of portal services for Terra Lycos U.S. The subscription service is $29.95 per month for five users, and $5.95 for each additional user.
www.isp-planet.com /news/2002/lycos_020320.html   (887 words)

  
 - Terra Lycos finds buyer for US unit - Internet Business News
Terra Lycos, with its largest base of operations in Madrid, will disclose the potential buyer's name when the two parties reach a definitive agreement, according to Wednesday's filing.
Terra Networks USA's most visible activity is the operation of the Terra.com portal for U.S. Hispanics, a Terra Lycos spokeswoman said.
The decision to sell Lycos Inc. comes after Terra Lycos said in an April filing with the Spanish stock exchange commission that it was reviewing some of its operating units, and that as part of the process it was considering several options for Lycos Inc., although no specific decision was made at the time.
www.thestandard.com /article.php/20040728173938179   (602 words)

  
 Terra Lycos Turns Web Users Into Talk Radio Hosts - Sci-Tech Today
Lycos is also considering allowing its partners to sponsor the channels from which listeners can choose.
Terra Lycos was formed by last year's merger between U.S.-based Lycos, Inc. and Terra Networks, the Internet arm of Spanish telecommunications giant Telefonica SA.
Terra Lycos is the third-largest Internet service provider (ISP) in the world, with a presence in 41 countries and in 19 languages.
www.sci-tech-today.com /perl/story/8447.html   (678 words)

  
 Wired News: South Korean Company Buys Lycos
Terra, meanwhile, said the price for the Lycos deal was $105 million, including $10 million in guarantees for real estate leased for Lycos' U.S. operations.
Lycos is ranked seventh in the United States in terms of site visits and has about 170,000 paid users, according to data provided by Daum.
Lycos was put up for sale in April at an asking price of $170 million with investment bank Lehman Brothers acting as advisers.
www.wired.com /news/business/0,1367,64431,00.html?tw=rss.TOP   (781 words)

  
 Terra Lycos Launches 'Lycos 411' With Live Operator-Assisted Web Surfing
Lycos 411 is fully personalized, with the live Internet assistants delivering customized information, from the performance of a caller's stock portfolio to the contents of their email inbox.
"Lycos 411 delivers on Terra Lycos's strategy to provide users with Internet services and content, wherever they are, using the device that most people have with them all the time, their phone," said Nick Werthessen, senior product manager for Lycos Anywhere at Terra Lycos.
Terra Lycos is the new global Internet network operating in 42 countries in 19 languages, reaching 94 million unique monthly visitors worldwide.
www.wirelessdevnet.com /news/2001/112/news4.html   (622 words)

  
 TheStreet.com: How Much is the Real Terra-Lycos Spread?
Terra needs to complete a $2 billion rights offering to fund its future growth, and even though parent Telefonica (TEF:NYSE ADR - news) has pledged to support the offering, it is another source of risk.
Terra's price is to be determined by calculating a 10-day average closing price immediately prior to closing.
If Terra were to continue to fall, the value of the deal for each Lycos share would decline.
www.thestreet.com /comment/riskarb/945606.html   (835 words)

  
 CNN.com - Terra Lycos logs $2.2B loss - Feb. 26, 2003
Terra, which is 39-percent controlled by Spanish telecoms giant Telefonica, said its core loss (EBITDA) narrowed 48 percent year-on-year to 120 million euros in 2002, in line with analysts' expectations.
Terra said the charge was composed of 857 million euros to write down goodwill, mainly from its 2000 merger with U.S. portal Lycos, and a further 453 million euros to revert a tax credit.
Lycos, the once high-flying American Web portal, has been hit particularly hard by the downturn in online advertising and has been a drag on Terra's bottom line for the past two years.
cnn.com /2003/BUSINESS/02/26/terra.reut/index.html   (434 words)

  
 Spanish search engine Terra Lycos for sale
The sale of Terra Lycos, which is based in Waltham, Mass., would unwind the $12.5 billion merger of Lycos and Terra Networks, struck in 2000 at the height of the dot-com bubble.
Terra Lycos is exploring a sale of its U.S. division following several rounds of layoffs and a recently announced restructuring that aims to refocus the company on search and its subscription businesses.
Lycos uses Google to post commercial links throughout its Web search results and gets a cut of revenue every time one of its users clicks on the link, something the Lehman Bros. bankers are counting on to lure in potential buyers.
www.rankforsales.com /n-aq/536-seo-apr-28-04.html   (1214 words)

  
 Forbes.com: Terra Lycos Loses Another Top Name   (Site not responding. Last check: 2007-09-20)
A well-publicized culture gap was held responsible for the Feb. 1 resignations of Lycos CEO Bob Davis and Lycos CFO Ted Philip.
Terra Lycos will need to hold onto top talent to compete in the highly competitive drive to capture the Latin American Internet market, analysts say.
Terra Lycos will need these deep pockets, considering that Time Warner AOL (nyse: AOL - news - people) and Microsoft (nyse: MSFT - news - people) are pouring money into their own Latin American ventures.
www.forbes.com /2001/02/22/0222terralycos.html   (529 words)

  
 E-Commerce News: News: Terra Lycos Deal Faces Rocky Road
Lycos' stock climbed from the mid-$50 range to the mid-70s Tuesday, before details of the agreement became available, but closed Wednesday at $57 39/64 per share.
Also, Terra Lycos has signed a deal with Bertelsmann AG to gain access to the German media giant's libraries of books, music, television programs, films and other media content, and the firms will work together to develop platforms for digital delivery of music and books.
The new Terra Lycos will begin with an estimated 50 million monthly users, and recent moves by Lycos overseas are expected to build on that figure.
www.ecommercetimes.com /story/3356.html   (657 words)

  
 Fool.com: So Long, Lycos -- Hola, Terra Lycos [News] October 30, 2000
Terra Lycos, as the new company is called, will begin trading on the Nasdaq tomorrow under the ticker "TRLY." Final terms of the all-stock deal, which were determined by the recent stock prices of both companies, have Lycos stockholders receiving 2.15 shares of Terra for every Lycos share they own.
At bottom, the merger of Terra and Lycos is about what the company calls "the convergence of access and content, new media and old media." The vision is one of "leveraging Terra's and Lycos's services, audiences, and dominance in specific geographic regions" and achieving the scale necessary to compete effectively with Yahoo!
Moreover, both Terra Lycos and Excite@Home reflect the assumption that because access and content services depend on and in some ways justify each other -- each is essentially meaningless alone -- they can significantly support each other and find synergies at the product and marketing level, and therefore belong under the same corporate roof.
www.fool.com /news/2000/lcos001030.htm   (858 words)

  
 [No title]
Terra Lycos, controlled by Telefonica, said it would not comment on filing a lawsuit but confirmed that it began integrating Google's advertisements on its U.S. properties last week.
In July, Terra Lycos and Overture extended a relationship whereby Overture's advertising network would be distributed over Terra Lycos' platform in the United States.
Terra Lycos had the sixth largest number of unique visitors to its properties in September, according to ComScore.
www.marketwatch.com /News/Story/Story.aspx?guid={DC717AA3-518A-4ABA-96C0-46E94C4E232A}&source=blq/yhoo&dist=yhoo&siteid=yhoo   (867 words)

  
 Lycos, Spanish Telecom Firm May Merge / $10 billion deal would create Web portal powerhouse
Terra Networks, the Internet arm of Spanish telecommunications firm Telefonica, is negotiating to buy Lycos, the giant Web portal, in a deal that could be worth nearly $10 billion.
But Lycos shareholders ultimately rejected the idea because they thought that the $22 billion offered was not enough.
Lycos stock has surged by nearly a third over the past few days in response to the possible merger.
www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2000/05/16/BU53827.DTL   (510 words)

  
 BBC News | BUSINESS | Terra and Lycos tie knot
Terra, whose parent company is Spanish telecoms company Telefonica, boasts a big presence in Brazil and Mexico as well as Spain.
Terra is one of the biggest internet companies in Europe, with a market capitalisation of more than $15bn.
Terra is growing fast, with a 50% increase in its subscriber base to 1.67m people during the first three months of this year.
news.bbc.co.uk /1/hi/business/751326.stm   (409 words)

  
 Lycos investors slammed yet again | Tech News on ZDNet
Lycos had planned to merge with USA Networks in early 1999, but the deal flopped with investors, who wanted a pure Internet company.
Terra Lycos could create an international juggernaut, but the deal will be a test case for global Net mergers.
Terra analysts questioned the lofty premium paid by the company and noted the new company won't dominate in any one region.
news.zdnet.com /2100-9595_22-520841.html   (782 words)

  
 BW Online | March 16, 2001 | Searching for Solid Ground at Terra Lycos
Terra Lycos, whose biggest shareholder is Spanish phone giant Telefónica, is no doubt vulnerable to the slowdown, too.
Given that Terra Lycos is in such a state of flux, investors may want to wait to see if the company resolves its apparent leadership turmoil and until dire forecasts about the ad market subside.
Terra Lycos' average daily page views rose 227%, to 350 million in December, compared to the same period a year earlier.
www.businessweek.com /bwdaily/dnflash/mar2001/nf20010316_459.htm   (1132 words)

  
 More Departures at Terra Networks
The resignations at Terra are another instance of "blood on the boardroom carpet" which has been seen at some of the largest European Internet companies recently.
Although Terra's shares were up by 22 percent in recent weeks, they show a drop of 90 percent on the year.
The original Terra Lycos merger, combining the Spanish company with one of the leading Internet search brands, was negotiated by Juan Villalonga, who was then chairman of Telefonica, and Bob Davis.
www.internetnews.com /bus-news/article.php/6_595851   (517 words)

  
 Terra-Lycos deal on track - Oct. 9, 2000   (Site not responding. Last check: 2007-09-20)
Upon completion of the Terra merger with Lycos, Terra-Lycos is expected to have roughly $3 billion in cash, and Lycos shareholders will own between 41.6 percent and 49.9 percent of the new company.
Lycos and Terra have also received all antitrust clearances required prior to the merger.
Terra's American depository receipts were down $1.62 at $26.12, a 5.9 percent decline.
money.cnn.com /2000/10/09/technology/lycos   (437 words)

  
 BBC NEWS | Business | South Korean firm snaps up Lycos
In April this year, Terra Lycos put the loss-making, Nasdaq listed US business up for sale with a price tag of $170m.
In its own books, Terra Lycos went for a write down of Lycos to 75m euros ($84m; £46m), a sum closer to what Daum has paid.
Terra Lycos is 72% owned by Spanish phone operator Telefonica.
news.bbc.co.uk /1/hi/business/3526956.stm   (408 words)

  
 Terra to Acquire Lycos for $12.5 Billion in Stock, Creating Terra Lycos, an Unparalleled Global Internet Powerhouse - ...
The transaction will create the first truly global Internet company, to be called Terra Lycos, Inc. The company will be built on a unique platform that capitalizes on the convergence of Internet services, new media, branded content, e-commerce, and next-generation communication technologies.
Terra and Lycos expect pro forma 2000 revenues of approximately $500 million and together currently have an estimated 50 million unique users and 175 million page views per day.
Terra Lycos will have operations in 37 countries, with leading positions in multiple high-growth markets in North America, Latin America, Asia and Europe.
www.findarticles.com /p/articles/mi_m0WUB/is_2000_May_22/ai_62216474   (267 words)

  
 Terra Lycos Looking To Sell Lycos Portal
Terra and Lycos merged in 2000, at the height of the dot com craze for $12.5 billion.
Terra Lycos is looking to sell the portal, along with its other US-based businesses, for $200 million.
The company feels that the Lycos portal is becoming a more attractive property because of the increase in online advertising revenue, particularly keyword spending.
www.ecommnewz.com /ecommnewz-4-20040428TerraLycosLookingToSellLycosPortal.html   (222 words)

  
 Terra Lycos names new U.S. head | CNET News.com
As previously reported, Killeen and chief technology officer Tim Wright indicated their desire to quit last week, as frustrations mounted over a sense that Terra Lycos was limiting the growth of its American unit, sources said.
Terra Lycos' U.S. online media operations has seen revenue fall 7 percent sequentially in the latest quarter, while rivals Yahoo and MSN were showing sequential growth, said Jeffrey Fieler, a Bear Stearns analyst, in a recent research report.
During his tenure at Lycos, prior to the $12.5 billion merger with Terra Networks in 2000, Stoever played a role in transforming the company.
news.com.com /2100-1023-975579.html   (679 words)

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