With New Acquisition, Ask Jeeves Raises Stakes in Search Engine Competition
Ask Jeeves today announced the purchase, for $150 million in cash in addition to stock, of Interactive Search Holdings, owner of “Web properties and businesses [that] include My Way, My Search, My Web Search, iWon, Excite and the MaxOnline advertising network.” [thanks Donna] For background, see this Information Week article and Smartmoney.com’s financial analysis of …