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Thread: Ask Jeeves to be sold for £970m

  1. #1
    temi's Avatar
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    Default Ask Jeeves to be sold for £970m

    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

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  2. #2
    Eric Guest

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    I wish I had that kind of cash.

  3. #3
    skyraider Guest

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    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. #4
    John Guest

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

    now that would be intresting!

  5. #5
    skyraider Guest

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    Quote Originally Posted by John
    now if ask jeeves is worth that much, how much is google and yahoo worth?

    now that would be intresting!
    Billions, I'm sure. $20 billion, maybe? They handle ~ 70% of all web search queries.

  6. #6
    temi's Avatar
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    Google alone is worth much more than $20 billion

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  7. #7
    ovi Guest

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

    Ovi

  8. #8
    Duke Guest

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    Quote Originally Posted by temi
    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
    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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