Quote.com

Last updated
Quote.com
Quote-com-logo.png
Founded1993;30 years ago (1993)
Headquarters Tyler, Texas
OwnerDan Wesley
Industry Insurance
URL www.quote.com

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

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 ]

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References

  1. "Quote.com: About Us".
  2. Taylor, Dennis (May 18, 1997). "ClariNet teams with Quote.com for speedy news". American City Business Journals .
  3. "Lycos to buy Quote.com for $78.3 million in stock". American City Business Journals . September 8, 1999.
  4. "Lycos to acquire Quote.com for $78 million". Deseret News. Associated Press. September 8, 1999.
  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.