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Tuesday, May 24, 2005

Ask Jeeves Buys Excite Europe Operator

Ask Jeeves Acquires Excite Europe Operator for Undisclosed Sum From Tiscali SpA.

Financial terms were not disclosed. Ask Jeeves acquired the U.S.-operated Excite.com Web portal in March 2004. Ask Jeeves said it doesn't expect the acquisition to impact 2005 revenue or earnings per share, and does not expect the deal to affect previously issued financial guidance.

Excite has offered search and Web portal services since 1995. Excite will remain a separate brand under Ask Jeeves, with operations continuing out of Excite Europe's headquarters in Rome.

see also: yahoo

posted by What I Write @ Article

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