Answers.com
GuruNet was founded in Jerusalem during 1999 to develop technology that intelligently and automatically integrates and retrieves information from disparate sources and delivers the result in a single consolidated view to the user.[3] In October 2004, GuruNet had an IPO on the American Stock Exchange (AMEX) under the symbol "GRU" and also acquired the Answers.com domain name early the same year for $80,000.[8] At Jeff Pulver's 140 Characters Conference in New York City in April 2010, Answers.com launched its alpha version of a Twitter-answering service nicknamed 'Hoopoe.'[9] Aside from providing community-generated Q&A and reference information for published titles, Answers.com began offering videos as part of its VideoAnswers library, in July 2010."[13][14][15] On April 23, 2012, TA Associates announced that it was joining as an additional private investor in Answers.com and on May 1, 2012, laid off the remaining development staff in the Jerusalem office as a first step in fully assimilating the company.[16] On August 8, 2012, reports surfaced that Answers.com had reached a preliminary agreement to acquire About.com from The New York Times Company for $270 million of debt and equity.