April 18, 2014 1:40 PM ET

Internet Software and Services

Company Overview of IAC Search & Media, Inc.

Company Overview

IAC Search & Media, Inc. operates a question and answer site. It also provides mobile applications for iOS and Android devices. IAC Search & Media, Inc. was formerly known as Ask Jeeves, Inc. The company was founded in 1996 and is based in Oakland, California. As of March 21, 2005, IAC Search & Media, Inc. operates as a subsidiary of IAC/InterActiveCorp.

555 12th Street

11th Floor

Oakland, CA 94607

United States

Founded in 1996

505 Employees

Phone:

510-985-7400

Fax:

510-985-7412

Key Executives for IAC Search & Media, Inc.

Chief Operating Officer
Chief Executive Officer of Ask Com U S
Age: 44
Chief Strategy Officer
Senior Vice President of Financial Planning and Analysis
Chief Technology Officer
Compensation as of Fiscal Year 2013.

IAC Search & Media, Inc. Key Developments

Court Favors I/P Engine in Ongoing Patent Dispute with Google, AOL, IAC Search & Media, Gannett and Target

A district court issued an order favoring Vringo Inc. unit I/P Engine Inc. in its patent litigation against AOL Inc., Google Inc., IAC/InterActiveCorp's IAC Search & Media Inc., Gannett Co. Inc. and Target Corp. In the order, the court found that Vringo is entitled to ongoing royalties, as a "design-around" used by the defendants is "nothing more than a colorable variation of the system adjudged to infringe". The court deferred ruling on the royalty rate pending the parties' settlement conference. In a November 2012 decision, a jury upheld the validity of Vringo patents and recommended that five companies, including Google and AOL, pay about $30.5 million in aggregate damages for infringement. I/P Engine also sought higher royalties and damages in the patent dispute with the defendants. Meanwhile, in an order dated Jan. 3, the court ordered that I/P Engine recover an additional sum of about $17.3 million from the defendants for supplemental damages and prejudgment interest.

Vringo, Inc. Announces District Court Ruling on its Wholly-Owned Subsidiary I/P Engine, Inc

Vringo, Inc. announced the District Court has issued a ruling on its wholly-owned subsidiary I/P Engine, Inc.'s Motion for an award of Post-Judgment Royalties in its litigation against AOL, Inc., Google, Inc., IAC Search & Media, Inc., Gannett Company, Inc., and Target Corporation. In the Order, the District Court found that I/P Engine is entitled to an award of a post-judgment royalty, and that additional discovery and briefing is necessary to determine the precise amount of the royalty.

Perion Network Ltd. Enters into Three Year Non-Exclusive Search and Distribution Relationship with IAC Search & Media, Inc

Perion Network Ltd. announced it has entered into a three year non-exclusive search and distribution relationship with IAC Search & Media, Inc. (Ask.com). By partnering with Ask.com, period will be able to offer its users Ask's unique, customized search experience and applications. Ask provides general search services as well as direct answers to natural language questions to more than 100 million global users. It's also a demonstrated leader in delivering customized search solutions to leading software companies worldwide.

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