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Ask Buys Excite Europe; To Share Excite.com With Infospace

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A Reuters article about 10 days ago mentioned that Ask Jeeves was planning on offering new services throughout Western Europe. These plans were made a bit clearer today when Ask Jeeves announced that they have acquired Excite Europe from Tiscali for an undisclosed sum of money.

From the news release:

The acquisition of Excite Europe will extend Ask Jeeves' ownership of the Excite brand beyond the United States, giving the Company ownership of Excite's Internet domains throughout Europe as well as control of existing portal offerings in several major European markets including Spain, Italy, France, UK, Germany, Austria and the Netherlands.

Want to discuss the acquisition? Check out this SEW Forums thread.

In other Ask Jeeves news, the company has agreed in a "comprehensive settlement of litigation" with InfoSpace to share marketing costs and revenue from the Excite.com Web search function.


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