Business Magazine

Ask.com Buys Ask.Fm

Posted on the 20 August 2014 by Worldwide @thedomains

According to a story in the NewYrokTimes.com, Ask.com has acquired Ask.Fm.

The deal was announced last week  by IAC/InterActiveCorp, the owners of Ask.com

Ask.Fm is not just a domain name, but a popular site 180 million regular monthly users .

Forty percent of Ask.fm’s users are younger than 18, according to Doug Leeds, chief executive of Ask.com.

Terms of the deal were not disclosed.

Under the terms of the sale The co-founders, brothers Mark and Ilja Terebin, will immediately cash out and leave the company and will have no further influence on how it is run.

 


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