Portal site operator Lycos Inc. has sold the Quote.com financial news and information Web site to Interactive Data Corp., a financial data provider, for US$30 million in cash, it said Thursday.
Quote.com will be operated as part of Interactive Data's eSignal division after the acquisition is complete, Interactive Data said. Completion is expected during the first quarter.
Lycos, based in Waltham, Massachusetts, acquired Quote.com for US$78.3 million during the Internet bubble in 1999.
The sale is part of a restructuring of Lycos that began in the middle of 2005 when the company appointed former Bertelsmann executive Alfred Tolle as its chief executive officer. Tolle is also a member of the board of directors of Daum Communications Corp., the South Korean portal operator that acquired Lycos in 2004.
Other Lycos sites include Hotbot.com, Wired.com, Tripod.com and Angelfire.com.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
Surviving Windows is easier than you think… MKS offers the power of an integrated all-in-one environment and provides you with the Power of UNIX on Windows Learn More
Brought to you by:
contests & free stuff
We have 5 copies of these two new books to give to some lucky readers. The deadline for entries is November 30, 2009.
AISO founders envisioned a Web hosting company that was environmentally friendly. While the company employed energy-efficient innovations like solar panels, its infrastructure produced unacceptable power and cooling requirements. Find out how AISO leveraged AMD technology to overcome their challenge in this case study white paper.
In this whitepaper, Scalar explores the opportunity to change the landscape with respect to mission critical databases
built around Oracle. Leveraging technologies such as Linux, high-end commodity processing power and Oracle RAC
technology to architect, design, build and maintain database infrastructure that delivers maximum availability, reliability
and performance at a fraction of traditional cost.
On a typical day, weather.com, the Web site for The Weather Channel in Atlanta, serves up between 15 million and 20 million page views. But in September 2004, when back-to-back hurricanes ransacked Florida, the peak traffic on one day more than tripled: over 70 million page views by more than 7 million unique visitors. Read the full success story now.
Esther Schindler
claird
pasmith
Sandra Henry-Stocker
jfruh
mikelgan
Quick, practical advice for IT pros. Made fresh daily.
