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Lycos acquires MP3 player

Published on .

Lycos acquired Internet Music Distribution, maker of Sonique, an independent MP3 player, for about 1.1 million shares of Lycos stock, plus potential additional consideration based on the Sonique player's ongoing success. Lycos will incorporate Sonique's player with its MP3 Search, allowing users to search, download and playback music.

Copyright August 1999, Crain Communications Inc.

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