11 Worst Tech Mergers and Acquisitions Ever

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4. Terra Networks and Lycos

Value: $12.5 billion

In 2000, Spanish telecom company Terra Networks agreed to buy Lycos, one of the most popular search engines at the time, for $12.50 billion. However, as Google managed to build a much better product that attracted more users, Lycos flopped and in 2005, Terra sold it to a South Korea-based company for just $95 million in cash. The company tried to refocus under new ownership and is still in operation.

11 Worst Tech Mergers and Acquisitions Ever

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