Ask.com finalizes Dictionary.com purchase
Written by admin on July 4th, 2008 in Gadgets and Devices.
With the deal closed on the Dictionary.com purchase, Ask.com has now become, at least according to comScore, the ninth-largest web property. The all-cash deal originally began back in mid-May and had Ask.com purchasing Lexico Publishing Group LLC. The web properties that were included were Dictionary.com, Thesaurus.com and Reference.com.
Ask.com is reporting that this will give them an increase of around 15 million additional users on a month basis, which would put them up to a monthly audience of around 145 million. Terms of the acquisition, such as how much was paid were not disclosed.
Read [Reuters]
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