Feeds

Wired's last bastion falls to Lycos

The last tribunes of the electronic frontier have gone corporate

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

Lycos has bought Wired Digital, what was left of Wired's pioneering attempt to carve a slice for itself out of the electronic frontier, for $83 million worth of stock. The operation was originally an offshoot of the formerly seminal Wired magazine, which was itself sold to 'straight' publishers Conde Nast for $75 million earlier this year. Tragically for Wired and its founders, the herald of the revolution seems to have got itself consolidated without making the stratospheric sums recently associated with Web-related operations. Parent company Wired Ventures twice failed in its attempts to go public. The deal with Lycos is basically about increasing the latter's volumes. Lycos claims to reach more than 40 per cent of Web users, and Wired's addition ought to increase its reach, and beef up its content. Lycos says the Wired Digital brands will remain distinct, but will become part of the Lycos Network. ® Click for more stories

New hybrid storage solutions

More from The Register

next story
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.