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IAC/InterActiveCorp

 
Hoover's Profile: IAC/InterActiveCorp
(NASDAQ (GS):IACI)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
IAC/InterActiveCorp
555 West 18th St.
New York, NY 10011
NY Tel. 212-314-7300

Type: Public
On the web: http://www.iac.com
Employees: 3,200
Employee growth: (84.8%)

IAC/InterActiveCorp (IAC) satisfies inquisitive minds who want to explore local hot spots, meet the right partner, find a contractor, and maybe even host a party or two. The Internet conglomerate owns more than 35 Web companies, including search engine Ask.com, local guide Citysearch, dating site Match.com, home service provider network ServiceMagic, and online-invitation firm Evite. Formerly a jumble of disparate assets that included cable-TV networks, travel services, and mortgage lending, the company has slimmed down to focus on the online search and content market. To achieve this goal, it split into five public companies in 2008, with IAC retaining the Web properties. IAC is controlled by CEO Barry Diller.

Key numbers for fiscal year ending December, 2008:
Sales: $1,445.1M
One year growth: (77.3%)
Net income: ($156.2)M

Officers:
Chairman and CEO: Barry Diller
EVP and CFO: Thomas J. (Tom) McInerney
Associate Director Corporate Communications: Leslie Cafferty

Competitors:
CBS Interactive
Disney Online
Fox Interactive

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Interval Leisure Group, Inc. (Public Company)
Barry Diller (Media Mogul / Business Personality)
Citysearch (Business Segment Company)

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