Thursday, May 15, 2008
Lexico Publishing Acquired By Ask.com
Lexico Publishing Group, a Long Beach-based firm that operates the Dictionary.com, Thesaurus.com, and Reference.com web sites, has been acquired by search provider Ask.com, in an all-cash deal. Financial terms of the acquisition were not disclosed. Ask.com said that Lexico helps expand the firm's monthly unique visitors by 15.6M. Ask said that Lexico is profitbale, and has been seeing high double digit growth for the past two years. Lexico was founded in 1995 by Brian Kariger and Daniel Fierro. Ask.com is an operating unit of IAC.