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November 28, 2015 2:49 PM ET

Internet Software and Services

Company Overview of IAC Search & Media, Inc.

Company Overview

IAC Search & Media, Inc. operates a question and answer Website. The company offers online information in the areas of art and literature, beauty and fashion, business and finance, education, family, food, geography, government and politics, health, history, hobbies and games, holidays and celebrations, home and garden, math, pets and animals, science, sports and active lifestyle, technology, vehicles, and world view. It also provides mobile applications for iOS and Android devices. IAC Search & Media, Inc. was formerly known as Ask Jeeves, Inc. and changed its name to IAC Search & Media, Inc. in February 2006. The company was founded in 1996 and is based in Oakland, California. As of March ...

555 12th Street

Suite 500

Oakland, CA 94607

United States

Founded in 1996

505 Employees





Key Executives for IAC Search & Media, Inc.

Chief Executive Officer
Age: 46
Chief Operating Officer
Senior Vice President and General Counsel
Senior Vice President of Financial Planning and Analysis
Chief Technology Officer
Compensation as of Fiscal Year 2015.

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.

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