Ask Acquires Lexico Publishing; To Own Dictionary.com, Thesaurus.com & Reference.com

Ask.com has acquired Lexico Publishing which owns the reference sites like Dictionary.com, Thesaurus.com and Reference.com.  As part of the acquisition, Ask will acquire all the reference properties of Lexico Publishing Group LLC.

Ask.com, a search engine owned by IAC/InteractiveCorp, has less than five percent share of total U.S. search market.  With the acquisition of Dictionary.com and other reference sites, Ask is planning to cater to the users looking for answers to basic questions.

It looks like a legible move for Ask as it will give some boost to its revenue as well as user base considering over 20 million visitors that Dictionary.com gets per month.

Short URL: http://www.betadaily.com/?p=4970

Posted by Vikrant on May 15 2008. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry