|Robert Balazy Names CEO of Lycos
IT News Online Staff
Lycos Inc., headquartered in Waltham, Massachusetts and a unit of Indian media group Ybrant Digital since 2010, has named Robert (Rob) W. Balazy as its chief executive officer.
Besides its well-known lycos.com portal, Lycos Inc. has evolved with the changes in the digital landscape, encompassing various groups of community and social sites, including the successful games portal gamesville.com and Web hosting service tripod.com, supported by various in-house tools and applications allowing plug-and-play adaptability to social and mobile environments.
Balazy, who's been employed with Lycos in 2003, is coming back to lead the company with a successful record of M&A, Strategic Partnerships and product management with NameMedia, Register.com and Applied Semantics. Before joining Lycos, Rob was President and CEO of Inform Technologies Inc., a Spark Capital-backed developer of semantic Web technology based in New York City.
"Rob is a very enthusiastic person, ready to embrace challenges in this dynamic market of global Digital Marketing. With his experience and leadership, he will spearhead Lycos to positive results for Ybrant," said Suresh Reddy, Chairman and CEO of Ybrant Digital Ltd.
Jacob Nizri, President of Ybrant Digital, said, "We are excited to bring Rob back in to lead Lycos. Rob is a strategic thinker, having shown strong market awareness and creativity by leading a successful turnaround at Inform. His experience and creativity will help position Lycos as a leading global platform for premium and user-generated content in the well-known Lycos portal, its entertainment and shopping arms, Tripod Web publishing, and Gamesville online games."