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IAC Buy $500M Care.com By Cosgrove CNBC
Recently IAC announced the deal of Care.com at $500 million. Now CEO Tim Allen’s Care.com is owned subsidiary of IAC and IAC has the authority to start new changes accordingly.
Care.com is a growing company by addressing the market for family needs. CEO Tim said that we aim to capture the market with the help of IAC.
CEO IAC Joey said that with this acquisition we are future ready to serve our consumers easily.
Also, read Loom Raised $130M in May in Series C
Mysha is from a business background and holds a related degree. She is an industry geek and loves to keep a check on every fluctuation happening in the modern tech and business industry.