Rock Holdings, the company, owned by Detroit billionaire Dan Gilbert, announced that it had purchased both Dictionary.com and Thesaurus.com from InterActiveCorp (IAC), a media firm based in New York. The terms of the deal are still unknown, at press time.
Dictionary.com and Thesaurus.com were launched in 1995, and they offer the public free access to a catalog of words, phrases, abbreviations, and much more. The site’s major income stream flows from online adverts.
The press release from Rock Holdings Inc. took a jab at readers that might downplay the importance of a dictionary.
“The annexations of Dictionary.com and Thesaurus.com append a prodigious coterie of inestimable content proprietaries to Rock Holdings and its affiliated companies such as Rocket Mortgage, ForSaleByOwner.com, LowerMyBills, StockX, the Cleveland Cavaliers, Robb Report, and Genius, among others.”
Read more starting at ‘Rock Holdings is also the parent company of Quicken Loans, a’ at….Billionaire Dan Gilbert Buys Dictionary.Com and Thesaurus.Com