Thursday, April 22, 2004

Ask Jeeves: Why Buy Interactive Search Holdings?: "Ask Jeeves' recent acquisition of Interactive Search Holdings (ISH) went largely unremarked amid the recent sparring between industry titans Yahoo! and Google. But the acquisition is significant, broadening Jeeves' reach and providing new resources to beef up its core Teoma search technology.
Ask Jeeves announced its intent to purchase ISH on March 4, in a combination cash and stock deal expected to close by Q3 of this year.
ISH isn't a household name, despite its ownership of some of the Web's most popular properties. According to an Ask Jeeves press release, ISH was the ninth most-visited property in December 2003, with popular but under-the-radar destinations such as My Way, My Search, My Web Search, iWon, and former high-flyer Excite. Online ad rep group, MaxOnline, is also part of the deal...

Combined, the two companies will have about 7 percent market share of the online search space. "

Google

posted by Jen @ 5:13 AM

Creative Commons Licence
This work is licensed under a Creative Commons License.