Monday, February 21, 2005

Rumors Inflate Bloglines Acquisition Price

A confidential source told me last week Ask Jeeves didn't pay anywhere near the $50 million dollars some speculate they did. The purchase price will probably be reported at a max of $25 million but it's probably nowhere near that amount in actuality either.

My source tells me that I should remember Ask only paid $4 million for Teoma in 2001. Hinting at the fact that the Butler is a shrewd shopper and the Bloglines acquisition should fall into the "shrewd shopping" category as well.

Posted By Jason Dowdell at 11:00 AM
Permanent Link: Rumors Inflate Bloglines Acquisition Price | Comments (0)

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