Dictionary.com Sold Again

[worldengine]

Ask.com has acquired Lexico Publishing Group which operates dictionary.com, reference.com and thesaurus.com.

http://biz.yahoo.com/ap/080515/ask_reference.html

Terms of the deal were not disclosed.

In July 2007, Answers.com had tried to acquire Lexico for $100 million cash, but the deal fell apart when Answers.com could not get funding.

 

[ArjunDhawan]

Thanks for sharing.

 

[DomainMagnate]

nice, interesting what did it go for

 

[Vinternatt]

Nice information thanks a lot for sharing.

 

[DomainMillionaire]

any idea how much it went for ?

 

[MediaHound]

Maybe this will help pull IACI out of their nasdaq 5 year low

 

[worldengine]

The price was not disclosed, but according to the infamous "source familiar with the situation" it was in the $100 Million range.

http://www.paidcontent.org/entry/419-lexico-dictionarycom-being-acquired-by-askcom-after-100-million-answers/

The failed deal with Answers.com was supposed to be for $100 Million.

 

[onlinetv]

I use those sites quite a bit. Isn't Ask a Rupert Murdock property?

 

[MediaHound]

No, it's a Barry Diller property.

 

[domain54326]

100mill?

 

[worldengine]

Answers.com agreed to buy the properties about a year ago for $100 million, but they could not raise the money to complete the deal. So that sale never happened.

Today's news is a new deal with a different company Ask.com, owned by IAC/InteractiveCorp a.k.a. Barry Diller's company.

 

[Find A Date]

The price was not disclosed, but according to the infamous "source familiar with the situation" it was in the $100 Million range.

http://www.paidcontent.org/entry/419-lexico-dictionarycom-being-acquired-by-askcom-after-100-million-answers/

The failed deal with Answers.com was supposed to be for $100 Million.

WOW!


Robert

 

[Ehsan]

That is one great sale , all cool names

 

[draggar]

There is a set of domains that have changed hands quite a bit. Interesting sale, though, if it is true, $100M is a nice price tag for buyer and seller.

 

[DNCredit.com]

I didn't realise the original Answers.com deal fell through. But at $100m the challenge is ahead of IAC to monetize the wikipedia of the 'word reference' space.

Interesting also is the CNET deal.

Both deals hinge on the ability to develop and monetize.

 

[HuntingMoon]

That is a nice package of names.

 

[sashas]

Dictionary.com is a website thats running simply on its domain. There's no innovation, nothing extraordinary on the site, just a simple dictionary which is not that hard to create.

IMO, dictionary.com and encyclopedia.com are probably two of the finest domains that no one talks about. You don't need to offer anything extraordinary to the consumer, the strength of the domain is good enough to carry you through