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Ask Jeeves extends Excite deal
http://www.themauritius.com/news/articles/20690/1/Ask-Jeeves-extends-Excite-deal/Page1.html
Anonymous Blogger
 
By Anonymous Blogger
Published on May 24, 2005
 

Ask Jeeves extends Excite deal

Ask Jeeves on Friday said it will acquire the European operations of the Excite.com portal, whose operations in the United States it purchased last year.

By Dinesh C. Sharma, CNET News.com

The takeover of Excite Europe will give Ask Jeeves ownership of Excite's Internet domains throughout Europe as well as existing portals in markets such as Spain, Italy, France, the U.K., Germany, Austria and the Netherlands, the company said. The search technology of Ask Jeeves also will be extended to users of Excite Europe.


Ask Jeeves acquired the U.S.-operated Excite.com in March of last year.

The financial terms of the deal were not disclosed, but Ask Jeeves said it doesn't expect any impact on its revenues or earnings per share in 2005. The financial guidance issued along with the company's first-quarter earnings announcement in April also remains unchanged, the company said.

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