Published:
Ask.com Completes Acquisition of Lexico - Owner of Dictionary.com, Thesaurus.com, and Reference.com
OAKLAND, Calif., July 3 /PRNewswire-FirstCall/ -- Ask.com
(http://www.ask.com), a leading search engine and wholly-owned business of IAC
(Nasdaq: IACI), today announced the completion of the previously announced
agreement to acquire Lexico Publishing Group LLC, owner of Dictionary.com,
Thesaurus.com, and Reference.com.
The all-cash transaction was announced on May 15, 2008.
"The combination of Lexico's strong growth and assets with Ask.com's
industry-leading search experience significantly expands our audience reach,
and aligns perfectly with our customers' needs," said Jim Safka, CEO of
Ask.com.
About Ask.com
Ask.com, a wholly-owned business of IAC (Nasdaq: IACI), is one of the
leading general search engines on the Internet. The Ask Network of sites has
more than 130 million worldwide unique monthly users according to April 2008
comScore data. Ask.com syndicates its search technology and advertising
solutions to a network of affiliate partners.
SOURCE Ask.com
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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