|
its a great deal for ASKJ
not bad for a company worth under $100 mil just 2 years ago
They definatly sold it AT THE TOP
not so good for IACI, with all the purchases Barry Diller has made
THey still havent figured out how to achieve all the synergies from their combined web properties.
In this deal, askjeves will always be the 5th best or dead LAST singificant search engine property on the web with no real hope of getting much bigger market share... Well unless TW people screw their own AOL property even more.
On the flip side there is no other SE worthy of an acquisition for a company like IACI, so this deal makes some sense. Askj wasnt cheap either, Barry paid a very large premium. Just for a comparison purposes thats about $500 mil more than Yahoo paid for their cashcow Overture about a year ago.
|