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Terra was a Spanish Internet multinational company owned by Telefónica. It was headquartered in Spain and had offices in Brazil, Chile, Colombia, Mexico, the United States and Peru. Part of the Telefónica Group (the former Spanish public telephone monopoly), Terra operated as a web portal or Internet access provider in the United States ...
Terra was founded in 1999 by Juan Villalonga, Telefonica's president between 1996 and 2000, and quickly turned into a major internet player through the aggressive acquisition of several local startups in main Latin American markets: Ol (Spain), ZAZ , Infosel , Gauchonet y Donde .
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- History
- Terra and Lycos
- Telefonica Take-Over
- Terra.Com
Terra was founded in 1999 by Juan Villalonga, Telefónica's president between 1996 and 2000, and quickly turned into a major Internet player through the aggressive acquisition of several local startups in Spain and the main Latin American markets: Olé (Spain), ZAZ (Brazil), Mexico, Gauchonet, Donde (Argentina) and Chevere (Venezuela). Terra has also...
In April 2000, Terra surprised the Internet market with the acquisition of Lycos, the U.S. portal, in a stock swap valued at US$12.5 billion. By that time, Lycos was the third most visited portal in the U.S., according to Nielsen//NetRatings, and had a strong presence in key European and Asian markets. Specialists expected that the combination of L...
In February 2005, Telefónica announced its intention of taking full control of Terra by giving Telefónica' shares in exchange for Terra's remaining shares in the stock market. After this plan was approved by both Telefónica and Terra shareholders meetings, Terra's shares were finally excluded from the market on July 15, 2005. From that moment, Terr...
Terra is the largest Latin American online media company, ranked as the 31st most popular Internet destination in the world. Offering Entertainment, News and Sports to the 100 million people who visit its portals monthly, Terra was named by Fast Company in 2011 as one of the most innovative company in the music area, "for a multipronged, and profit...
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People also ask
Where is TeRra based?
Who owns Terra Networks?
When did Terra buy Lycos?
Jan 3, 2002 · Terra Networks said today it would buy Lycos in an all-stock deal valued at $12.5 billion, marking the first time a U.S. portal has been acquired by a foreign company. Terra, a Spanish...
