Ask Jeeves Buys The Excite Network
Ask Jeeves is paying $343 million for a family of popular Web sites that includes Excite.com, iWon.com, and Myway.com. Interactive Search — better known as The Excite Network — ran the 12th busiest group of Web sites in January, attracting a total of 23.8 million unique visitors. Ask Jeeves ranked as the 26th most popular destination with 15.6 million unique visitors. Based on the combined audience of 39 million, Ask Jeeves' collection of Web sites would become the eighth most popular properties on the Internet, ranking just ahead of Amazon.com. Just as importantly to Ask Jeeves, the Interactive Search properties processed 700 million search requests during the fourth quarter, slightly more than the 680 million search queries handled by Ask Jeeves. Based on those figures, Ask Jeeves' share of the search market should climb to about 7%. [Full story: Ask.com to pay $343 million for Interactive Search - USA Today]
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