Nov 5, 2008 11:02 AM
Search/e-commerce firm Accoona, which withdrew its IPO late last year, has now been bought by B2B search engine Masterseek, which was founded in Denmark in 1999. Although the site once generated buzz as a search startup, most of its revenue came from e-commerce, a business running deeply in the red.…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Search, Technologies / Formats, Countries, Europe, accoona, denmark, masterseek
Dec 21, 2007 3:55 PM
The only surprise here is that it took so long to be official: Search/e-commerce firm Accoona has withdrawn its IPO plans, first announced in August. Care to take a stab at the explanation? You guessed it: unfavorable market conditions. Although the site once generated buzz as a search startup, most…
Posted In: E-Commerce, Money, IPO, Search, Technologies / Formats, accoona
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