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Ask Jeeves bought for $1.85 billion

Posted on Monday, March 21 2005 @ 18:16:16 CET by

InterActiveCorp has acquired search engine Ask Jeeves for $1.85 billion.
CEO, InterActiverCorpThe Internet conglomerate, which is headed by media entrepreneur Barry Diller, said Monday it is hoping to move aggressively into the Web search market through the deal and pointed to growth in the online advertising market as another major incentive in making the acquisition.
Read the full article at Cnet



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