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With New Acquisition, Ask Jeeves Raises Stakes in Search Engine Competition

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Ask Jeeves today announced the purchase, for $150 million in cash in addition to stock, of Interactive Search Holdings, owner of “Web properties and businesses [that] include My Way, My Search, My Web Search, iWon, Excite and the MaxOnline advertising network.”

[thanks Donna]

  • For background, see this Information Week article and Smartmoney.com’s financial analysis of the deal.
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