• Reuters, Thursday, January 12, 2006 10:31 AM

Miva Inc., the media company formerly known as FindWhat.com, has hired an investment firm to help it explore new options aimed at boosting its value for shareholders. The company will pursue various strategies--including a possible sale, which has been widely speculated in the last several months. Other possibilities include selling securities, assets, recapitalizing, or making acquisitions. Miva was one of the early successful adopters of pay-per-click Web advertising, but last August the company had to pay Yahoo! subsidiary Overture Services $8 million for using technology it had patented. Miva's estimated public value is just above $170 million.

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