Accoona Files For $80.5 Million IPO

Aug 6, 2007 at 10:35am ET by Barry Schwartz

Via PaidContent.org, Accoona Files for IPO from the Associated Press reports that Accoona has filed to go public, with an estimated IPO price of $80.5 million.

Accoona hopes to list their stock as “ACNA” on the NASDAQ. The AP reports Accoona’s three business lines as online-lead generation, an online search engine in the U.S., Europe and China and an e-commerce consumer electronics retail business, with nearly all of its revenue coming from lead generation.

In the first quarter of 2007, Accoona realized losses of $14.8 million with revenues of $37.5 million. The full SEC filings can be found over here and more coverage at Techmeme.

Barry Schwartz is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here.

See more articles by Barry Schwartz >

Share, Bookmark & Discuss This Article
More:

Keep Updated: News Via Email | News Via RSS Feed | News Via Twitter

See more stories like this in the Members Library! Check out the Business Issues: General, Search Engines: Other Search Engines sections of the Members Library where this story is filed. Members also get access to exclusive video content, a members-only weekly & monthly newsletter, plus more. Check out all the benefits!

Comments are closed.

TOP STORIES

See All »

SEARCH NEWS BRIEFS

See All »

FEATURES & ANALYSIS

See All »

RECENT COMMENTS

KevinSpence said " The AP & other news companies forget how much of their content is syndicated. So alright, maybe "
Avintrue said " So I would have to say that principle of pointing a finger with three pointing back at you is a good"
fonegigsblog said " Wow! Looks like Google will truly be the one stop shop for digital advertising in the next few years"

See All »

See How To Articles And More In Our Members Library »

FREE DAILY SEARCH NEWS RECAP!

Stay on top of all the search news with our daily summary, the SearchCap newsletter. View a sample ›

STAY CURRENT THROUGHOUT THE DAY

The Search Engine Land feed keeps you informed as news happens. SEE ALL FEEDS »

SEARCH ENGINE LAND SPONSORS

Advertise With Us »

UPCOMING SEARCH ENGINE LAND CONFERENCES

Search Engine Land produces SMX, the Search Marketing Expo conference series. SMX events deliver the most comprehensive educational and networking experiences - whether you're just starting in search marketing or you're a seasoned expert.

SMX Web Site » | SMX Difference » | SMX News »

Join us at an upcoming SMX event:

UPCOMING SEARCH ENGINE LAND WEBCASTS

Learn more about search marketing with our free online webcasts and webinars from our sister site, Search Marketing Now. Upcoming online events include: