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IAC’s ServiceMagic Invests In Zip Express Installation, Adding Electronics To Local Offerings

Nov 20, 2008 10:07 AM

IAC’s ServiceMagic.com disclosed today a strategic investment in Minneapolis-based Zip Express Installation, a company that specializes in quick-turnaround installations of consumer or commercial electronics. The move adds electronics to ServiceMagic.com’s U.S. online referral service for homeowners. IAC (NSDQ: IACI) isn’t disclosing the investment amount but I was told the “relatively…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, servicemagic, zip express installation

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