Internet Brands Buys Apartment Site

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Internet Brands Inc. said Wednesday that it has acquired Austin-based Apartment Ratings Inc. for an undisclosed sum.

The company’s Web site, ApartmentRatings.com, has more than 500,000 reviews and ratings of 60,000 apartment complexes nationwide. The site also provides safety data, rent trend information and maps of surrounding areas.

Los Angeles-based Internet Brands has made several acquisitions over the past year, including DoItYourself.com, a home improvement Web site the company bought in January.


Privately held Internet Brands operates media and e-commerce sites for large ticket consumer purchases, including CarsDirect.com, Autos.com, GreenHybrid.com, as well as LoanApp.com, Loan.com and RealEstateABC.com.


Internet Brands was founded in 1998 as CarsDirect and adopted its new name in 2005.

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