Quote.com

Quote.com

Quote.com

Online insurance marketplace

Quote.com is an online marketplace for insurance. It was founded in 1993.[citation needed] It has been owned by Dan Wesley since 2013.[1]

Quick Facts Founded, Headquarters ...

History

In 1997, the company was selected to provide financial market data to ClariNet Communications.[2]

In 1999, Lycos acquired Quote.com for $78.3 million in stock.[3] At that time, about 10,000 people subscribed to the service, which cost between $25 and $100 per month.[4]

In 2006, Interactive Data Corporation acquired the website and related assets for $30 million.[5][non-primary source needed]

References

  1. [1]
    "Quote.com: About Us".
  2. [2]
    Taylor, Dennis (May 18, 1997). "ClariNet teams with Quote.com for speedy news". American City Business Journals.
  3. [3]
    "Lycos to buy Quote.com for $78.3 million in stock". American City Business Journals. September 8, 1999.
  4. [4]
    "Lycos to acquire Quote.com for $78 million". Deseret News. Associated Press. September 8, 1999.
  5. [5]
    "Interactive Data to Acquire Lycos Inc.'s Quote.com; Transaction Will Broaden eSignal's Portfolio of Streaming, Real-Time Market Data Platforms for Active Traders and Create a Comprehensive Online Financial Destination" (Press release). Business Wire. February 1, 2006.


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