Tuesday, July 17, 2007

Answers.com Buys Dictionary.com, Thesaurus.com and Reference.com for $100 Million

Answers. com has agreed to acquire Lexico Publishing Group, LLC, proprietor of Dictionary. com, Thesaurus. com and Reference. com, for $100 million in cash. The dealings is susceptible to financing and usual closure conditions and is scheduled to be completed by decline of this year.

Both companies are Google Advertising partners, with Google powering their sponsored hunt results. Answers. com does too do substance from Yahoo Answers via a distribution partnership.

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