Quote.com

Quote.com
Founded 1993
Headquarters Tyler, TX
Owner Dan Wesley
Industry Insurance, Loans
Products Insurance and loan quotations
Website www.quote.com

Quote.com is a website that provides price quotations for insurance and personal loans. It has been owned by Dan Wesley since 2013.[1]

History

Founded in 1993, Quote.com was one of the first financial portals: it provided stock quotes, detailed market data on options, commodity futures, mutual funds and bonds; real-time business news; market analysis; balance sheet data; and company profiles.[1][2]

In 1997, Quote.com and ClariNet Communications forged an alliance to provide financial market data, including news, quotes, charts, research and analysis over ClariNet's online news services.[2]

In 1999, Lycos acquired Quote.com for $78.3 million in stock. Quote.com was among the top five investment information sites on the web at that time.[3] In 2006, Interactive Data Corporation acquired the assets of Quote.com and certain other related assets from Lycos, Inc. for $30 million in cash.[4]

References

  1. 1 2 Quote.com: About Us
  2. 1 2 Taylor, Dennis (April 4, 2000). "ClariNet teams with Quote.com for speedy news". Silicon Valley Business Journal.
  3. "Lycos to buy Quote.com for $78.3 million in stock". Boston Business Journal. September 8, 1999.
  4. "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.
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