AskJeeves Has High Hopes; Some Concerns Too

AskJeeves has high hopes once it gets integrated within IAC…”We’re going to have access to more capital, more opportunities. We get to play on that larger playing field,” CEO Steve Berkowitz. After moving into the search market in Japan and Spain, Ask Jeeves this year plans to tackle the rest of Western Europe. Among other projects, it is hammering out a search engine for blogs.

MarketWatch: But, some investors are showing increased skepticism about acquisition deal, on news that the Internet search firm may be among the targets of an inquiry by New York Attorney General Eliot Spitzer. IAC CEO Barry Diller told investors earlier this week that he’s assured that both companies addressed the adware issue.

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