Quote.com
 | |
| Founded | 1993 |
|---|---|
| Headquarters | Tyler, Texas |
| Owner | Dan Wesley |
| Industry | Insurance |
| URL | www |
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]
History
[edit]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
[edit]- ^ "Quote.com: About Us".
- ^ Taylor, Dennis (May 18, 1997). "ClariNet teams with Quote.com for speedy news". American City Business Journals.
- ^ "Lycos to buy Quote.com for $78.3 million in stock". American City Business Journals. September 8, 1999.
- ^ "Lycos to acquire Quote.com for $78 million". Deseret News. Associated Press. September 8, 1999.
- ^ "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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