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Mamma.com Copernic Deal Alive Again

Posted on Aug 18th, 2005
Written by Lee Odden
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    Using a combination of cash and stock, announced yesterday they’ve signed a letter of intent to acquire , maker of desktop search and related tools. There was a little Mamma drama regarding the attempt to acquire Copernic earlier this year involving some SEC investigation of Mamma.com.

    However, according to Martin Bouchard, executive chairman of Copernic:

    “Based on further due diligence, we are now confident that Mamma.com is a strong and very well managed company,” he said. “We are positive about closing this transaction which will create a new organization capable of competing with the best of breed in the search engine sector of the Internet.”

    Adding Copernic would be a boost to the mix of services offered by Mamma.com including Mamma Media Solutions and .

    Source: National Post and hat tip to Brett Tabke