M&A Deal Summary

Ask.com Acquires Ask.fm

On August 14, 2014, Ask.com acquired internet software and services company Ask.fm

Acquisition Highlights
  • This is Ask.com’s 4th transaction in the Internet Software and Services sector.
  • This is Ask.com’s 1st transaction in Latvia.

M&A Deal Summary
Date 2014-08-14
Target Ask.fm
Sector Internet Software and Services
Buyer(s) Ask.com
Deal Type Add-on Acquisition

Target

Ask.fm

Riga, Latvia
Ask.fm is a question-and-answer website.

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Buyer(S) 1

Buyer

Ask.com

Oakland, California, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Ask.com operates the question and answer site ask.com.

DEAL STATS #
Overall 5 of 5
Sector (Internet Software and Services) 4 of 4
Type (Add-on Acquisition) 5 of 5
Country (Latvia) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-08 Trustic

United States

Trustic, Inc. is the company that owns and operates Bloglines. Bloglines is a free online service for searching, subscribing, publishing and sharing RSS feeds, blogs and rich web content.

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