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Search Engine Ask Jeeves Acquires Excite Europe

Authored by Mark Hefflinger on May 20, 2005 - 7:10am.
Oakland -- Ask Jeeves, the provider of Internet search and advertising services, said on Friday that it has paid an undisclosed amount to acquire Excite Italia, the operator of Excite Europe, a network of pan-European portal properties, from Tiscali. The move comes a little more than year after Ask Jeeves acquired the U.S.-operated Excite.com portal. "This deal is a next step in Ask Jeeves' European expansion strategy," said Steve Berkowitz, the CEO of Ask Jeeves. The deal will give Ask Jeeves ownership of Excite's Internet domains throughout Europe as well as control of existing portal offerings in several major European markets including Spain, Italy, France, the U.K., Germany, Austria and the Netherlands. Excite has offered search and portal services since 1995.
http://biz.yahoo.com/prnews/050520/sff019.html

tags: Europe | Search Engine | Jeeves | Excite |



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