Answers.Com Purchases FAQ Farm for $2 Million: Reports

Answers.com has acquired FAQ Farm, a user-generated content site that contains 280,000 question-and-answer sets on a variety of topics. The transaction was a cash deal, according to published reports.

Answers.com licenses content from a variety of reference material, which it makes available online without cost. FAQ Farm’s content is generated and updated by more than 100,000 registered users, according to New York Business.com.