Accoona Files For $80.5 Million IPO

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 […]

Chat with SearchBot

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.


About the author

Barry Schwartz
Staff
Barry Schwartz is a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry can be followed on Twitter here.

Get the must-read newsletter for search marketers.