Print 33 comment(s) - last by BRB29.. on Jul 5 at 3:00 PM

A failed IPO, a mess of different owners and failure to innovate killed the search engine

AltaVista is one of those things you either have no idea about, or if you remember it, you thought it was shut down years ago. Surprise! 

AltaVista, an early search engine that started in 1995, is still around today. However, these are its end days, as the search market continues to be dominated by the likes of Google (or just Google, actually). 

AltaVista is expected to be laid to rest July 8. 

AltaVista circa 1999
AltaVista circa 1999

The archaic search engine started off strong and successful during the Internet boom of the 1990s, but hit some trouble after a failed initial public offering (IPO) back in 2000. The company was supposed to raise $300 million in December 1999 for the expected April 2000 IPO, but cancelled it due to a drop in the Nasdaq Stock Market. 

From there, AltaVista went through several acquisitions. It was founded by Digital Equipment Corporation in 1995, which was acquired by Compaq in 1998 and merged with Hewlett-Packard in 2002. Overture Services then bought AltaVista alone in 2003, and Overture was purchaased by Yahoo in 2003. 

Aside from failed IPOs and a mess of different owners, AltaVista just couldn't innovate enough to keep up with Google or Yahoo. 

Source: CNET

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RIP :(
By mead drinker on 7/2/2013 12:49:30 PM , Rating: 3
This takes me back to adolescence... AltaVista was there in 7th grade, along with webcrawler, lycos, yahoo, and AOL search. They are all defunct now or worse derelict.

Thank you AltaVista for being my alternative search engine when the Miami Dade Public School system did not allow direct input of your URL, and I would search "AltaVista" in yahoo, only to click a link and arrive at your doorstep. You were my portal of knowledge. You taught me so much at that formative age.

RE: RIP :(
By Motoman on 7/2/2013 1:11:43 PM , Rating: 2
Nah, I use Webcrawler as my default still. I like the fact that it combines search engine results, and has a very simple clean interface. And to rebel against Google. Although Google is in there. But still.

RE: RIP :(
By MadMan007 on 7/2/2013 3:02:36 PM , Rating: 2
You forgot geocities.

RE: RIP :(
By DukeN on 7/2/2013 3:12:46 PM , Rating: 2
Ah, good ol DogPile

"It's okay. The scenarios aren't that clear. But it's good looking. [Steve Jobs] does good design, and [the iPad] is absolutely a good example of that." -- Bill Gates on the Apple iPad

Most Popular ArticlesAre you ready for this ? HyperDrive Aircraft
September 24, 2016, 9:29 AM
Leaked – Samsung S8 is a Dream and a Dream 2
September 25, 2016, 8:00 AM
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
Snapchat’s New Sunglasses are a Spectacle – No Pun Intended
September 24, 2016, 9:02 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki