IAC, owner of Match.com and Evite, acquires ZeroDegrees

Another big consolidation move… IAC, owner of online dating behemoth Match.com and the free online event system Evite, announced today the acquisition of ZeroDegrees.

This is purely a technology grab, as ZeroDegrees had not yet garnered signicant market share and had only obtained moderate mind share among industry press and other experts. However, IAC, with the ability to cross-promote on the other hot web properties they own (which include Expedia, Hotels.com, Home Shopping Network, Ticket Master, and City Search), could rapidly change that.