By Ryan Naraine
Once valued at approximately $7.8 billion, Excite.com was sold for around $10 million as the Redwood City, Calif.-based [email protected] found itself strapped for cash and laden with debt.
Now, iWon.com said it was getting ready to integrate the old Excite.com features — stock quotes, movie listings and news reports — before New Year’s Day.
The company, which runs loyalty-based marketing campaigns, said a 110-strong technology team has been working on the integration of the two sites for the past two months. The integration included the transfers of approximately 400 million e-mails, which had to be stored to new computers.
iWon bought the rights to manage the consumer end of Excite.com from InfoSpace, Inc.
, which was the original buyer of the assets from [email protected] InfoSpace retains control of the search and directory components of Excite.
Once the management of Excite is complete, iWon said it would change its corporate name to The Excite Network. The iWon.com Web site would exist separately.