Tech Nostalgia: Lycos Sells its Patents

lycos-1996

Lycos, the first internet search engine to implement spidered web indexing has emerged from semi-retirement to hawk off some of its valuable patents. Lycos was sold to Telefonica at the height of the tech bubble for $5.4 billion, but was offloaded to a digital knackers yard in 2010 for just $36 million – the new owners are hoping to cash in on Internet of Things mania by selling relevant patents for connecting electronics to the internet.

The much loved search engine was kicked to the kerb by Google years ago, but has a special place in the hearts of the many tech geeks who were useing it long before Google even existed. For those feeling a bit nostalgic, you can actually still use the search engine




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Google CEO Sundar Pichai on Google investing billions in Britain…

“The innovation we see here, the talent we have available here and how on the cutting edge of technology we are able to be here makes it an incredible place for us to invest. We do value how open and connected it is and we can bring in talent from anywhere in the world and we value those attributes and we are optimistic that those will stay true over time.”

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