The Latest Acquisitions
From The Search Engine Report
September 2, 1998
Infoseek has agreed to acquire Quando for US $17 million in stock. Quando builds custom directories of information, and Infoseek will be using the technology to power new shopping and local event guides it plans to launch later this year.
Lycos has agree to acquire WhoWhere, a free home page and email provider that also powers the free branded email service of Lycos-competitor Excite. Lycos currently uses iName for its own branded email service. The deal is for $133 million in stock. Lycos has also acquired GuestWorld, which provides guest book services to web sites, in a $3.9 million stock deal.
AltaVista made it official. It announced on August 11 that it has reached an agreement to acquire the altavista.com domain. Financial terms were not disclosed, but previous press reports have put the sale amount at over $3 million.
Inktomi has agreed to purchase C2B Technologies, which develops comparison shopping software, for a $90 million stock swap. Inktomi plans to use the acquired technology to create a shopping search service that it can offer to its partners.
AltaVista To Buy altavista.com Domain
The Search Engine Report, August 4, 1998
Details about how AltaVista found itself chasing after the altavista.com name.
Lycos Weaves Tangled Acquisition Web
Red Herring, Aug. 13, 1998
The recent buying spree by Lycos has left it with companies that still serve its competitors and which overlap in the features it offers users. A look at the various issues, with Lycos, and with its competitors.
Inktomi Buys Shop Bot Shop
Wired, Sept. 1, 1998
More details on the Inktomi purchase.