CThe Merger
On May 16, 2000, Terra reached an agreement to buy Lycos and merge with it.
Terra Lycos. Telefonica (still 67 percent owner of Terra)
The combined company will be a major player in the global Internet, operating in41 countries in 20 languages and reaching 91 million unique monthly visitors worldwide.
Terra Lycos aggregates services and local and international content from
leading providers from around the world and provides on-line advertising and marketing.e-commerce, and other Web services.
• It chooses the best content providers
from the marketplace of all players.