Lycos Europe in a new trademark license deal in Europe

Lycos Europe N.V., one of the leading European portal providers and online advertisers, executed a new license agreement with Lycos, Inc. for a consideration of about USD 5.2 mln. This perpetual and royalty-free license includes the right to utilize the Lycos as well as the HOTBOT, TRIPOD and ANGELFIRE trademarks in all European countries and Armenia. While executing the new License Agreement, Lycos and Lycos, Inc. have also settled all outstanding issues.
Lycos Europe operates a network of websites in seven languages in Europe and the USA. The Lycos Europe Network provides an attractive medium not only for consumers but also for advertisers and e-commerce partners.

Every month about 38 mln users visit the Lycos Europe sites and also partner sites distributed by Lycos Europe.

With a network of websites covering Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, Switzerland and the USA, Lycos Europe has a large geographical reach in Europe and Northern America.