Add-on Acquisition • Internet Software and Services

Terra Networks SA Acquires Lycos

On January 1, 2003, Terra Networks SA acquired internet software and services company Lycos

Acquisition Context
  • This is Terra Networks SA’s 1st transaction in the Internet Software and Services sector.
  • This is Terra Networks SA’s 1st transaction in the United States.
  • This is Terra Networks SA’s 1st transaction in Massachusetts.
Investment Fate
  • Lycos was divested to a consortium of strategic buyers in 2007 for 95M USD.

Explore All 10210 Add-on Acquisition Internet Software and Services Deals - Search the Database Free


M&A Deal Summary

Date January 1, 2003
Target Lycos
Sector Internet Software and Services
Buyer(s) Terra Networks SA
Deal Type Add-on Acquisition

Target Company

Lycos

Waltham, Massachusetts, United States
Lycos, Inc. is a provider of an Internet portal and e-commerce destination in Korea. Lycos, Inc. creates and operates search, community and technology lifestyle sites including Lycos.com, Hotbot.com, Wired.com, Tripod.com, Angelfire.com and Quote.com. Other Lycos products and sites include Lycos Mail, Gamesville and GetRelevant.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Terra Networks SA

Barcelona, Spain

Category Company
Founded 1998
Sector Internet Software and Services
Employees1,606
DESCRIPTION

Terra Networks SA is a provider of online spanish and portuguese speaking services.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2003 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-02 Lycos

Waltham, Massachusetts, United States

Lycos, Inc. is a provider of an Internet portal and e-commerce destination in Korea. Lycos, Inc. creates and operates search, community and technology lifestyle sites including Lycos.com, Hotbot.com, Wired.com, Tripod.com, Angelfire.com and Quote.com. Other Lycos products and sites include Lycos Mail, Gamesville and GetRelevant.

Sell $95M