Diller: Maybe I’ll Hold on to Ask.com After All
“We’ve been asked a lot whether we’re open to consolidating transactions in the area of search. The answer is yes. And, it is unlikely that we would be the consolidator.”
Turns out Barry Diller isn’t all that interested in selling off IAC’s (IACI) Ask.com search engine, “speculative” though its future might be. Speaking at the Reuters Global Media Summit in New York on Wednesday, Diller said he’d rather partner with another search company than divest Ask outright.
Evidently that’s the message he’s been giving to any party that’s inquired about buying Ask. “The people who called us were on exploration missions, on a stand-alone buy as an asset,” he said. “That is different than having conversations with other people in the vineyard, in the area of search.”
