« Gunman kills 2 at home, kills 6 at school
| Main
| Yahoo's Flickr »
March 21, 2005
IAC To Acquire Ask Jeeves For $1.85 Billion
By
Editor
RELATED ENTRIES
 |
|
IAC To Acquire Ask Jeeves |
|
|
 |
In an effort to pull its diverse holdings and profit from search advertising, IAC/InterActiveCorp on Monday said it would buy the fourth-largest Web search provider Ask Jeeves Inc. for $1.85 billion.
IAC/InterActiveCorp, operates a variety of online and offline businesses, including CitySearch, Expedia, and Ticketmaster. "Global search is the gateway to everything,'' said media mogul Barry Diller, chairman and chief executive of IAC.
IAC, which plans a spin-off of its Expedia and other travel-related businesses in the second quarter, said it will integrate the Ask Jeeves search box and its Web search results on all of its sites, including the Home Shopping Network, event ticket site Ticketmaster, online dating site Match.com and online mortgage provider LendingTree, as well as Expedia reports MSN Money.
| SPONSOR ADS |
 |
|
|
Back to top