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The Lycos Dating Search engine allows users to perform a general search that designates their own sex, the sex they are seeking, an age range and a geographic area they'd like to search in.
In October 2004, the transaction closed for sale of half of the business and the company name was changed back to Lycos Inc.
The remaining Terra half was reacquired by Telefónica.
Under new ownership, Lycos began to refocus its strategy.
In 2005, the company moved away from a search-centric portal and toward a community destination for broadband entertainment content.
The acquisition price represented a return of nearly 3000 times the company's initial venture capital investment and about 20 times its initial public offering valuation.