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IAC Buys UrbanSpoon

IAC has acquired UrbanSpoon, the restaurant review site that has an incredible popular iPhone application, amongst Facebook widgets and other widgets. The news is now over Techmeme that the company has been acquired for somewhere in the millions of dollar range. IAC has not disclosed the acquisition price.

The company was set up by Ethan Lowry, Adam Doppelt and Patrick O’Donnell with virtually no outside funding and has sold for “an offer we couldn’t refuse,” said Lowry.

UrbanSpoon’s iPhone app was monetized by Google AdSense ads.

For more information about this news, see Techmeme.

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About the author

Barry Schwartz
Barry Schwartz is a technologist and a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics.

In 2019, Barry was awarded the Outstanding Community Services Award from Search Engine Land, in 2018 he was awarded the US Search Awards the "US Search Personality Of The Year," you can learn more over here and in 2023 he was listed as a top 50 most influential PPCer by Marketing O'Clock.

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