RSSMamma.com Buys Copernic for $22M
By Nate Mook | Published December 23, 2005, 2:30 PM
Copernic, which makes the popular desktop search tool that is also utilized by AOL's Desktop Search product, has been acquired by metasearch engine Mamma.com in a cash and stock deal valued at just over $22 million. The two companies announced plans to join up last year, but the marriage was fraught with delays, including an investigation into Mamma's stock by the SEC.
Mamma will pay $15.9 million in cash and issue 2.38 million shares of its stock to Copernic. "With this acquisition, we are now at the forefront of the search and on-line marketing industry," Mamma CEO Guy Fauré said. "With the addition of Copernic's award winning desktop search (CDS) product, we now have a formidable portfolio to satisfy the growing need for integrated search of both web-based and desk-top based users."
How dows Mamma.com get the $22 mil from in the first place???
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|I used to use copermic in the early years
it was verry good at what it did.
however I stopped using. when they intergated aware and spyware etc etc
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|smart move!!
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|2 has-beens who never succeeded in the majors merging...yawn!!!!
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|That's a pretty excited yawn lol =p
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|Got something you can sell for that price?
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|LOL Yeah, i was slightly irritated at being awakened from my usual stupor by this insignificant move.......
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|Copernic was good. but they did not release the new version for long time. This is not good.
and they did not make google as default serach engine, it is too bad.
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|I use Copernic Desktop Search. Is this a good thing or bad thing?
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|From my experience with mamma.com, I would say this is a bad thing.
But I might be judging harshly.
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|I know several french people that swear by Mamma.com, but I've never really had much luck with it.
Back to Google.
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