InfoSpace to Buy Switchboard for $160 Million

InfoSpace is buying rival Switchboard for $160 million, boosting its business in the growing market for local search, and again, adding to the inexorable death blow against local newspapers’ survival…

Switchboard operates an online yellow-pages and advertising business. The combined company would account for 23 percent of online yellow-pages searches, according to research firm comScore/Media Metrix.

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