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In December 2010, ’s CEO Greg Blatt was made CEO of parent company IAC. The following year, acquired SinglesNet, another dating site. In July 2009, acquired People Media, which powered AOL Personals and operated and, from American Capital for $80 million.
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At the same time that this sale was announced, the current CEO Thomas Enraght-Moony stepped down, while IAC's ('s parent company) Executive VP and General Counsel, Greg Blatt, took his place. Also in February, it was announced that 's European operations would be sold to Meetic for 5 million Euros and a reported twenty-seven percent interest in the company. In February 2009, IAC incorporated Match Group as a conglomerate of and other dating sites it owned. In February 2021, Match Group acquired Hyperconnect, a technology company based in Seoul, Korea, for $1.73 billion. Similar suits were filed in June 2009 and December 2010, with the judges ruling that did not break user agreements. The suit was repudiated by IAC as baseless, and was later dismissed by the United States District Court for the Central District of California on April 25, 2007. On November 10, 2005, a class action was filed by Matthew Evans against in federal court in Los Angeles alleging that employed fake members to send emails and go on dates with paying members. Safka was replaced as CEO by Thomas Enraght-Moony in 2007. In September 2004, Jim Safka replaced Sullivan as CEO. In 2002 and early 2003, 's then CEO, Tim Sullivan, expanded into local dating with a service called MatchLive, where daters would meet in a public location for social activities and a form of speed dating. In September 2001, partnered with AOL and MSN, with the idea that and MSN Dating and Personals would allow a more diverse audience to gain access to. In 1997, was purchased by Cendant, who then sold it to IAC in 1999. įounder Kremen left the company in March 1996, after disagreements with venture capitalists.
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went live as a free beta in early 1995, and was first profiled in Wired magazine that same year. According to a retrospective from The Atlantic, Maier helped to implement 's business strategy, which included a subscription model and the inclusion of diverse communities, including women, technology professionals, and the lesbian, gay, bisexual, and transgender communities. Fran Maier later joined the company as its director of marketing. Early on, Kremen was assisted by Ong, who helped in the design of the initial system, and Simon Glinsky, who co-wrote its business plan, developed product designs including matching criteria, services to LGBT communities, created business models and rollout marketing strategies and made early hires. At the beginning, was the name of the website, while the company that operated it was formally named Electric Classifieds Inc. In 1993, was founded by Gary Kremen and Peng T.