Match.com (IAC) Acquires OkCupid for $50M
February 2, 2011
Match.com, an operating business of IAC, acquired OkCupid for $50 million in cash plus potential future contingent payments. OkCupid will continue to be led by co-founder and CEO Sam Yagan from its New York office; IAC said the acquisition will help coordinate complementary advertising- and subscription-based dating businesses and expand Match's reach with younger, advertising-driven users.
- Buyers
- Match.com (IAC)
- Targets
- OkCupid
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Buyout
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