Ask.com, plans to acquire Lexico, which owns Dictionary.com, as well as Thesaurus.com and Reference.com. Ask.com’s chief executive, Jim Safka, declined to disclose terms of the deal but it is estimated to be about $100 million said a person with knowledge of the transaction. He also said the company will drop its focus on women and focus on being a general purpose search engine.
Dictionary.com had about 15 million visitors in March and is growing rapidly. It sells ads on its site, and Mr. Safka said it is profitable, though he won’t discuss any actual More»

Labels: answers.com, Ask.com, dictionary.com