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Match.com has now 27% stake in Meetic

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IAC and Meetic, the leading European online dating site have come into an agreement for Meetic to acquire Match.com ‘s 100% European operations.

But in what looks like a big move for Meetic, it seems that actually Match.com is doing a big move with now a 27% stake in Meetic. And Match could acquire the French Company founded by Marc Simoncini in 2 to 3 years from now.

IAC, Match’s Owner have 35 companies in Portfolio: Ask.com, Bloglines, Down to Earth (new free dating site by Match.com), Chemistry (rencontre), Excite.com, Vimeo, Reference.com, CollegeHumor.com, etc..

Meetic, n01 french dating site is established in 15 European countries and in Latin America. Website is available in 12 languages. In 2007, Meetic had 113.8 million euros in sales and a net profit of 14.2 million euros.



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