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The company, which owns a range of Internet businesses, including search engine Ask.com and Citysearch, also named Sonali De Rycker as a member of the board.
Rycker is currently a partner at Accel Partners where she focuses on investments in the consumer internet and digital media sectors.
Shares of the company closed at $40.49 on Nasdaq.
(Reporting by Arpita Mukherjee in Bangalore)