IAC is a publicly owned American holding company founded in 1995 (though its origins trace back to 1996 as HSN Inc.). Employing approximately 2,670 people, it is headquartered in the US and operates across 100 countries. IAC's portfolio primarily consists of media and internet brands. The company's history includes a period as HSN Inc., holding the Home Shopping Network and USA Network, before a name change to USA Networks, Inc. in 1999. Its television assets were divested to Vivendi in 2002 and are now part of Comcast's NBCUniversal.