Quote.com

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Quote.com
Founded1993; 31 years ago (1993)
HeadquartersTyler, Texas
OwnerDan Wesley
IndustryInsurance
URLwww.quote.com

Quote.com is an online marketplace for insurance. It has been owned by Dan Wesley since 2013.[2]

History

Founded in 1993, Quote.com was one of the first financial portals providing financial market data.[3]

In 1997, the company was selected to provide financial market data to ClariNet Communications.[4]

In 1999, Lycos acquired Quote.com for $78.3 million in stock.[5] At that time, about 10,000 people subscribed to the service, which cost between $25 to $100 per month.[6]

In 2006, Interactive Data Corporation acquired the website and related assets for $30 million.[7]

References

  1. ^ "quote.com Competitive Analysis, Marketing Mix and Traffic - Alexa". alexa.com. Retrieved 2020-06-17.
  2. ^ "Quote.com: About Us".
  3. ^ "Quote.com". TechCrunch.
  4. ^ Taylor, Dennis (May 18, 1997). "ClariNet teams with Quote.com for speedy news". American City Business Journals.
  5. ^ "Lycos to buy Quote.com for $78.3 million in stock". American City Business Journals. September 8, 1999.
  6. ^ "Lycos to acquire Quote.com for $78 million". Deseret News. Associated Press. September 8, 1999.
  7. ^ "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.