Ask.com Can Better Stand on its Own: IAC Splits Companies

Nov 6, 2007 • 9:41 am | comments (1) by twitter | Filed Under Ask.com - Ask Jeeves
 

IAC, the parent company of Ask.com, is breaking up into 5 different publicly traded companies: IAC (which will include Ask, Bloglines, and a number of other web properties), HSN, Ticketmaster, Interval International, and LendingTree.

And so Ask.com will now stand a little more on its own, but it can't be completely without IAC since Ask.com helped IAC get a 40% increase of media revenue in Q3 of 2007.

Forum members find this interesting. Now, there is more of a focus within the five groups:

Interesting change. They had assembled a wide ranging hodge podge of companies with very few synergies amongst them.

But 5 publicly traded companies? That's a lot to keep track of, another says.

Ask.com, therefore, is not completely on its own, but now IAC can focus its energy on making Ask even better. And we love that.

Forum discussion continues at WebmasterWorld.

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Comments:

Douglas

07/04/2008 04:19 pm

I used Ask years ago but have been completely faithful to Google for some time now, I love the products and love the company; they have my support.

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