Copernic Inc. is a company based in Ottawa,

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

, producer of Copernic Desktop Search and Copernic Server Search,

desktop search Desktop search tools search within a user's own computer files as opposed to searching the Internet. These tools are designed to find information on the user's PC, including web browser history, e-mail archives, text documents, sound files, images ...

software for home and business, running on Microsoft Windows. There is a free edition and paid editions with free trial.

History

Mamma.com was launched in July 1996 by

Herman Tumurcuoglu Herman Tumurcuoglu (born October 30, 1972 in Montreal, Quebec) is an online reputation management expert, internet pioneer and lecturer. He is the co-founder of Searchreputation.net, a boutique ORM agency. In 1996, he launched one of the web's fir ...

Montreal Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple ...

. It was one of the web's first tier 2 metasearch engines. Copernic Technologies Inc. was incorporated In July, 1996, under the name Agents Technology, Inc. On December 22, 2005, Mamma.com completed its acquisition of Copernic Technologies Inc., a search technology company founded in July 1996 in

Quebec City Quebec City ( or ; french: Ville de Québec), officially Québec (), is the capital city of the Canadian province of Quebec. As of July 2021, the city had a population of 549,459, and the metropolitan area had a population of 839,311. It is t ...

and maker of the

utility Copernic Desktop Search. In the preceding fiscal year Copernic had a revenue of about $5.9 million and an EBITDA of about $1.8 million; Mamma.com paid $15.9 million and issued 2,380,000 common shares. On June 8, 2007, Mamma.com Inc. changed its name to Copernic Inc., received a new stock symbol CNIC, (effective June 14, 2007), and launched its new corporate website. On November 17, 2008, the

U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

announced that it had charged

Mark Cuban Mark Cuban (born July 31, 1958) is an American billionaire entrepreneur, television personality, and media proprietor whose net worth is an estimated $4.8 billion, according to ''Forbes'', and ranked No. 177 on the 2020 ''Forbes'' 400 list ...

with insider trading. It was alleged that he directed his broker to sell his entire 600,000 shares of stock in the company to avoid losses in excess of $750,000 based on insider information. On June 30, 2009, Copernic completed the sale of Mamma.com and its third party Ad Net to Empresario, a privately owned digital media network based in Chicago Illinois. Transaction took place as planned by the two companies and will allow Copernic to reflect the details in their Q2 report. The company proceeded to this sale in order to focus the company on new product offers. On November 4, 2010, Copernic entered into an arrangement agreement with N. Harris Computer Corporation, a wholly owned subsidiary of

Constellation Software Constellation Software is a Canadian diversified software company. It is based in Toronto, Canada, is listed on the Toronto Stock Exchange, and is a constituent of the S&P/TSX 60. The company was founded by Mark Leonard, a former venture capita ...

Inc. Support for myCopernic on the Go!, Copernic Agent web metasearch ended on January 31, 2014. Copernic Online Backup is no longer announced.

References

External links

* {{Authority control Desktop search engines Online companies of Canada Companies based in Ottawa