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Ask Jeeves to be sold for £970m

Discussion in 'Search Engine Optimization' started by temi, Mar 22, 2005.

  1. temi

    temi Facilitator Webmaster

    The internet investment firm headed by US media mogul Barry Diller is to buy web search engine Ask Jeeves for $1.85bn (£970m).
    Ask Jeeves is the fifth most-queried search engine in the US and has a market value of $1.43bn, one tenth the size of Mr Diller's IAC/InterActive.

    Mr Diller said Ask Jeeves "has the potential to become one of the great brands on the internet".

    The deal reflects rising competition between rival internet search engines.

    source/full story: news.bbc.co.uk/1/hi/business/4367197.stm
  2. Eric

    Eric Guest

    I wish I had that kind of cash.
  3. skyraider

    skyraider Guest

    I saw an article about this in the Wall Street Journal. Big sale! Search engine companies are "hot" in terms of financial success right now.
  4. John

    John Guest

    now if ask jeeves is worth that much, how much is google and yahoo worth?

    now that would be intresting!
  5. skyraider

    skyraider Guest

    Billions, I'm sure. $20 billion, maybe? They handle ~ 70% of all web search queries.
  6. temi

    temi Facilitator Webmaster

    Google alone is worth much more than $20 billion
  7. ovi

    ovi Guest


    Oh my God...why did I not invented Google before? :(

  8. Duke

    Duke Guest

    I was planning on buying it but my car needs new brakes and a water pump so I won't have enough available cash.

    Maybe I'll start up my own search engine called ask d00k.

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