Bahrain
Kuwait
Oman
Qatar
Saudi Arabia
UAE
Print
Email
Discuss this article (0 Comments)Ask.com completes Lexico acquisition
by This email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 06 July 2008
It's now confirmed that Ask.com has completed its acquisition of Lexico Publishing Group, which owns Dictionary.com, Thesaurus.com and Reference.com.
The search engine, a wholly owned subsidiary of InterActiveCorp, is ranked fourth among its competitors. The all-cash deal was announced in May with Ask.com saying that the acquisition would increase its unique monthly users by 11 percent to 145 million.
"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.
According to Lexico, Dictionary.com, Thesaurus.com and Reference.com had more than 28 million unique visitors in March altogether.
READERS' COMMENTS
Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TECHNOLOGY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TECHNOLOGY
LATEST MIDDLE EAST BUSINESS NEWS
- Banking & Finance: Calyon unit to advise Saudi Air on caterer IPO
- Travel & Hospitality: Kuwait denies banning Iranians entry visas
- Banking & Finance: Profit surge for electronic payments firm
- Banking & Finance: Qatar Shipping, Navigation to swap stock as merger looms
- Technology: Bharti gets $8.3bn in funding for Zain purchase
Mobile
