The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Lycos Europe Sells Its Stake In Tom’s Hardware Publisher Best Of Media

  • Comments Comments (View)
  • Text Size: A A

Lycos Europe has sold its eight percent stake in France’s Best Of Media to Alter Finance Capital for 1.7 million euros (£1.2 million). Best Of Media is the publisher behind the 11-year-old Tom’s Hardware tech reviews site, its spin-offs and others in French. (Via release). Best Of Media brought in a 64,000 euro (£45,290) loss in 2005, according to Lycos’ 2006 annual report. Best Of Media merged Tom’s Hardware and its TG Publishing parent in to what it rather boldly claims is Europe’s third-biggest online publisher in April 2007. It also operates BestofMicro.com, Presence-PC.com, Infos-du-net.com, JeuxVideoPC.com, and JeuxVideo-Flash.com. Lycos Europe has been struggling in the last year or two to make money from online ads and has been ploughing money in to developing its content offerings.

Nov 12, 2007 4:55 PM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, Holland, France

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff