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Search Engine Stock Offering Timeline

Search Engine Stock Offering Timeline

Bambi Francisco at CBS MarketWatch put together an excellent historical timeline of search engines going for the gold in the search commerce field.

1996: Search goes public
(all IPOs are split-adjusted prices. Source: Dealogic)

Jan. 1996: Google founders collaborate on search engine called BackRub

April 1, 1996: Lycos goes public at $4 a share

April 4, 1996: Excite goes public at $8.50 a share

April 11, 1996: Yahoo prices at $1.83.

1998 and 1999: New batch of search engines go public and Google is born

1998: Google opens its doors (answers 10,000 search queries Oct. 7, 1998)

June 1998: Inktomi goes public at $4.15 (market cap at IPO was $370 million)

December 1998: InfoSpace (INSP) goes public at $15

May 1999: Excite merges with At Home for $6.5 billion

June 1999: GoTo.com goes public at $15. Company changes name eventually to Overture Services.

June 1999: Ask Jeeves (ASKJ) goes public at $14

August 1999: LookSmart (LOOK) goes public at $12

August 1999: CMGI buys 83 percent of Alta Vista for $2.3 billion in stock, plus bonds

2000 and 2001: More consolidation and bankruptcy

Oct. 30, 2000: Terra Networks (TRLY) buys Lycos for $46.40 per share, or $5.1 billion.

Sept. 28, 2001: ExciteAtHome goes bankrupt. See story.

2002: Back to search roots

Nov. 13, 2002: Alta Vista relaunches its search site.

December 2002: Yahoo says it’ll buy Inktomi for $233 million in cash.

2003: Google accelerates position and portal expansion; Microsoft launches Web crawler; Search gets deeper

March 2003: Google surpasses Yahoo in searches with 1.1 million searches. (source: comScore)

March 4, 2003: Ask Jeeves says it’s buying Interactive Search Holdings for $343 million. See full story.

March 11, 2003: Yahoo’s maps meet Yellow Pages See Yahoo local

March 29, 2003: Google’s Froogle launched See Google’s Froogle.

April 7, 2003: Yahoo revamps its search functionalities. See Yahoo returns to search roots.

April 21, 2003: Ask Jeeves unveils its new look. See Ask Jeeves’ search gets smarter.

April 28, 2003: Overture completes purchase of Alta Vista for $106 million stock and cash

June 19, 2003: Microsoft tests its own Web crawler. See full story.

July 1, 2003: MSN to recast search to make algorithmic searches more prominent. See MSN to recast search.

Oct. 7, 2003: Yahoo completes purchase of Overture for $2.2 bln in stock and cash.

2004: Google’s long awaited IPO

April 29, 2004: Google announces it’ll try to raise $2.7 billion through an IPO, offering shares in a Dutch auction. See full story.

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Loren Baker

Loren Baker is the Founder of SEJ, an Advisor at Alpha Brand Media and runs Foundation Digital, a digital marketing ... [Read full bio]

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