Answers.com has $100 Million More Answers

September 4, 2007 |

The New Your Times Bits Blog is running an article

The Answers Corporation, which runs Answers.com, just announced it has paid $100 million in cash to buy Lexico Publishing Group, a privately held California company whose main business is running the Dictionary.com site.

From the Lexico website:

Lexico is a leading provider of language reference products and services on the Internet, including Dictionary.com, called “the best general English-language dictionary online” by Web Guide magazine; Thesaurus.com, our award-winning online version of Roget’s Thesaurus of English Words and Phrases; Reference.com an online encyclopedia, almanac and Web guide; and CleverKeys, software that gives instant access to our services from almost any program on Windows or Macintosh platforms.

For the complete story check out The Domain Name Worth $100 Million.

The Alexa rank of the 3 sites is 245 currently. I have no numbers on income for this site but this has to be overpaying. What do you think?