IAC's asset
IAC

@iac.com

IAC is a media and Internet company with more than 150 brands and products serving loyal consumer audiences.

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About

Description

IAC (InterActiveCorp) is a technology company based in the United States that has played a significant role in shaping the digital landscape. Founded in 1995 by Barry Diller, the company has its headquarters in New York City. Throughout its history, IAC has evolved and expanded through various mergers, acquisitions, and successful ventures.


One of its notable achievements was the development of Expedia, an online travel agency that became one of the world's most popular platforms for booking flights, hotels, and rental cars. Expedia was spun off as a separate company in 2005 but remained part of the IAC family until 2019. IAC's headquarters in New York City is known as the IAC Building, designed by renowned architect Frank Gehry.


This distinctive glass structure has become an iconic landmark in the city. As a diverse technology company, IAC operates globally across multiple industries. Some of its prominent subsidiaries include Match Group, which owns popular dating apps like Tinder, Hinge, and Match.


com; ANGI Homeservices, a home services marketplace that includes brands like Angie's List and HomeAdvisor; and Vimeo, a video-sharing platform catering to creative professionals. IAC holds a strong market position due to the success of its subsidiaries. Match Group, in particular, dominates the online dating market globally.


Its apps have millions of users and generate substantial revenue, making it a formidable competitor in the industry. Additionally, ANGI Homeservices has a strong presence in the home services market, connecting homeowners with skilled professionals. Over the years, IAC has made significant strategic moves to fuel its growth.


One such event was the launch of Dotdash (previously known as About. com) in 2017. Dotdash is a digital media company that focuses on providing expert content across various topics, including health, finance, and lifestyle.


This move allowed IAC to diversify its portfolio and tap into the growing market for online information and expertise. Currently, IAC continues to foster the growth and success of its subsidiaries. It remains committed to innovation and expanding its influence in the technology sector.


As of the latest update, IAC announced its plan to separate into two distinct public companies. This restructuring aims to unlock further value for shareholders and provide better strategic focus for each business segment. In conclusion, IAC is a technology company that has made substantial contributions to the digital landscape.


With its headquarters in New York City, the company operates globally through its subsidiaries, which include prominent names in the dating, home services, and digital media industries. With its strong market position and ongoing strategic moves, IAC continues to drive growth and shape the future of technology

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Company Type

Public Company

Company Size

5001-10,000

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