IAC/Interactive acquires online retailer Shoebuy.com

Jan 31, 2006, 4:32pm EST Updated: Jan 31, 2006, 4:32pm EST

Send this to a friend

Boston Business Journal

IAC/InteractiveCorp is acquiring Shoebuy.com Inc. for a sum it did not disclose.

Shoebuy.com is based in Boston and sells shoes, handbags and other clothing and accessories online. The company raised $10 million in financing since its launch in 1999, with backers including Boston's Tudor Ventures and Chicago's Apex Venture Partners.

IAC/InteractiveCorp (Nasdaq: IACI) is based in New York City and earned $69 million in the third quarter on $443 million in revenue.

It was IAC/InteractiveCorp's first Massachusetts acquisition since 2004, when it acquired the travel search engine TripAdvisor. IAC/InteractiveCorp also contributed to a $16 million funding round last fall for Brightcove Inc., a Cambridge, Mass., Internet video company.


If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

Inside the Boston Business Journal

10-year-old entrepreneur Max Ash shows us his creations

Most Popular

  • Slideshows
  • Facebook
  • Twitter
  • Emailed
  • Mobile

Eric Boecher

The Village Bank

Kimberly Sambuchi

MutualOne Bank

Robert Asher

Sunstein Kann Murphy & Timbers LLP

George Gilroy

MutualOne Bank

Will Rowe

SunTrust Robinson Humphrey

Rahnuma Habib

MutualOne Bank

Post a Job View All Jobs

© 2014 American City Business Journals. All rights reserved. Use of this Site constitutes acceptance of our User Agreement (updated 12/23/13) and Privacy Policy (updated 12/23/13).

Your California Privacy Rights.

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.

Ad Choices.