IAC acquires Tutor.com

IACIAC has acquired Tutor.com, an online tutoring solution. Terms of the deal were not disclosed.

Founded in 1998, Tutor.com connects students anytime, anywhere with more than 2,500 screened and qualified tutors for immediate one-to-one sessions. Historically focused on core K-12 subjects, Tutor.com has more recently expanded into AP courses, test prep, college-level curriculum, and real-time writing help.

“Tutor.com has done the hard part, having built over many years an incredible nationwide network of high quality tutors ready to help tutorstudents improve their learning,” said Greg Blatt , CEO of IAC. “We think it’s ripe for us to accelerate usage by bringing to bear our consumer Internet expertise in areas like product, marketing and distribution. It’s not often we find a company with such untapped potential that our particular skill set can help unlock, in an area that truly helps people improve their lives, all at a compelling valuation. Although it’s small, we’re excited about the acquisition.”

George Cigale will remain CEO and continue to run the business from Tutor.com’s offices in New York City.

USA, New York, NY

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