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Articles about purchase: November 20, 2008

Ask.com finalizes Dictionary.com purchase

by Robert Nelson on Jul 4, 2008 at 12:46 PM

With the deal closed on the Dictionary.com purchase, Ask.com has now become, at least according to comScore, the ninth-largest web property. The all-cash deal originally began back in mid-May and had Ask.com purchasing Lexico Publishing Group LLC. The web properties that were included were Dictionary.com, Thesaurus.com and Reference.com.

Ask.com is reporting that this will give them an increase of around 15 million additional users on a month basis, which would put them up to a monthly audience of around 145 million. Terms of the acquisition, such as how much was paid were not disclosed.

Read [Reuters]

 

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Sony snaps up Gracenote for $260 million

by Indraneel Purohit on Apr 23, 2008 at 01:17 PM

Sony has announced they have purchased digital media information powerhouse, Gracenote. For those unfamiliar with Gracenote, they are behind the CDDB, which makes it simple and easy to get track listings when ripping your CD collection. The deal involves some $260 million being changed hands, along with some other contingencies being sent Gracenote’s way.

Sony plans to operate Gracenote as a separate business unit, and both companies seem to be happy with the deal. According to Tim Schaaf, Vice President of Sony Computer America;

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