OpenMail Gobbles Up Infospace

Venice, California-based OpenMail has completed its deal to acquire online search engine site Infospace, from owner Blucora. The deal, which was announced in July, was worth $45M in cash. OpenMail is led by former Demand Media executive Chuck Ursini, and is developing data warehousing products in the marketing analytics and targeting area. Infospace has been around since 1996.