Completes Lexico Acquisition, Bags Et Al

Losing its independence on Independence Day, Lexico is now part of the family, as IAC’s (NSDQ: IACI) portal completes its purported $100 million cash acquisition of the, and operator. Announcing the completion, which had been expected in Q3, Jim Safka: “The combination… significantly expands our audience reach, and aligns perfectly with our customers’ needs.”

The Long Beach, Calif.-based company was founded in 1995 by CEO Brian Kariger and Daniel Fierro. Both will be staying on for the integration into Its iconic domains come with a serious amount of traffic, increasing the Ask Network