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Mar 21
Ask Jeeves To Be Bought
in Search
Ask Jeeves is being bought by InterActiveCorp, which holds Expedia and Ticketmaster among their portfolio of web sites, for $1.85 billion in IAC stock. This is a great move for IAC and hopefully will be good for Ask Jeeves. “IAC said it would boost AskJeeves’ distribution, research and technology budgets, increase its local offerings, and integrate IAC’s brands and offerings into the AskJeeves properties. It pledged to promote AskJeeves’ search box on all of its sites.”
Update: The Ask Jeeves Blog now has a post about the acquisition, though it’s skimpy on the details. There’s even a nice image done by the Ask Jeeves people.
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