Print Print | Email Email | Discuss this article ( Comments)
| Share |

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.

Story continues below ↓
advertisement

According to Lexico, Dictionary.com, Thesaurus.com and Reference.com had more than 28 million unique visitors in March altogether.

| Share |
< Previous article
DIC eyes sports group bid
Next article >
Westwood wins Race to Dubai


MORE FROM ARABIANBUSINESS.COM

TOP IN MIDDLE EAST TECHNOLOGY

  1. Talks on to bring iTunes, Amazon services to UAE
  2. Cyber attacks hit almost 60% of Mideast businesses
  3. Qtel set to sign deal to allow ATM bill payments
  4. Vodafone Qatar sees 100% coverage by end of 2009
  5. Rolls-Royce signs up for Qatar technology park

TOP MIDDLE EAST BUSINESS STORIES

  1. Kuwait to allocate Iran port to boost trade
  2. Sunseeker ME announces regional expansion plans
  3. US leisure giant to open first Mideast hotel
  4. Qatar-Bahrain causeway work to being Q1 2010
  5. GCC office space valued at $34bn by 2010

ALSO IN MIDDLE EAST TECHNOLOGY

  1. Microsoft steps up UAE anti-piracy raids
  2. Yahoo! Maktoob aims to double users in two years
  3. Be our guest
  4. The big chill
  5. Paltel says deal with Kuwait's Zain is off

LATEST MIDDLE EAST BUSINESS NEWS

  1. Media & Marketing: Dubai developers see negative press reports decline
  2. Transportation: Kuwait to allocate Iran port to boost trade
  3. Retail: Sunseeker ME announces regional expansion plans
  4. Banking & Finance: Emirates NBD has $350m Saudi exposure - chief
  5. Politics & Economics: Dubai population grows 1.9% in Q2

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Technology