@iacgroup.com
IAC Group is a leading global supplier that creates environments that move people with elegant design, bold ideas and precise execution.
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IAC, short for InterActiveCorp, is a multinational conglomerate based in the United States. The company was founded in 1986 by Barry Diller and is headquartered in New York City. Originally known as Silver King Broadcasting Company, it was rebranded as IAC in 1995.
IAC operates through various subsidiaries and strategic investments in different industries, including media and advertising, online dating, e-commerce, and internet services. Some of its most well-known brands include Vimeo, Dotdash, Ask. com, Angie's List, and Match Group, which owns popular dating platforms like Tinder, Match.
com, OkCupid, and Hinge. The company has a significant global presence, with offices and operations across North America, Europe, and Asia. In addition to its wholly-owned subsidiaries, IAC has also formed joint ventures and partnerships with other companies.
For instance, in 2020, IAC announced a partnership with MGM Resorts International to develop an online gaming platform, BetMGM. IAC is a major player in the digital media industry and has successfully positioned itself as a leader in the markets it operates. The company generates revenue from a combination of advertising, subscription fees, and transaction fees from its e-commerce platforms.
In terms of global sales, IAC has consistently delivered strong financial performance and has become one of the largest conglomerates in the United States. Throughout its history, IAC has undergone several strategic changes and acquisitions to optimize its portfolio and drive growth. For example, in 2020, IAC sold its ownership stake in Angie's List and acquired Care.
com, a leading online marketplace for finding and managing family care services. These moves demonstrate the company's commitment to exploring new markets and adapting to industry trends. As of the latest updates, IAC continues to focus on its core businesses while exploring potential new investments and partnerships.
The company remains committed to leveraging technological advancements to enhance its existing brands and expand its global footprint. With its strong market position and diverse portfolio of businesses, IAC is well-positioned for continued growth and success in the digital landscape. In conclusion, IAC is a prominent conglomerate headquartered in the United States, operating in various industries through its subsidiaries and strategic investments.
With a global presence and strong market position, it offers a range of products and services in the digital media, e-commerce, and online dating sectors. Through strategic moves and ongoing investments, IAC remains poised for further growth and success in the ever-evolving digital landscape
Company Type
Privately Held
Company Size
10,001+
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