Thursday, May 05, 2005

Ask Jeeves to buy Italian search engine - Excite Italia

Ask Jeeves is reported to be on the verge of buying Excite Italia from Tiscali for 10 million Euros. Ask was recently purchased by IAC and may well have deep enough pockets now to expand its linguistic offering. It only recently entered the Spanish market with its own Ask brand and this would be a very logical move into another southern European language area.

Finanza e mercati