Ask Jeeves to be sold for £970m

[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

 

[Eric]

I wish I had that kind of cash.

 

[skyraider]

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.

 

[John]

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

now that would be intresting!

 

[skyraider]

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.

 

[temi]

Google alone is worth much more than $20 billion

 

[ovi]

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

Ovi

 

[Duke]

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.