IAC, a publicly owned company headquartered in the United States, was founded in 1995 and operates with approximately 2,670 employees. The company reported $2.4 billion in revenue as of 2025. Specializing in software development, IAC Inc. functions as an American holding company that owns brands across 100 countries, primarily in Media and Internet sectors. The company originated in 1996 as HSN Inc., initially serving as the holding company of Home Shopping Network and USA Network. It changed its name to USA Networks, Inc. in 1999 and subsequently sold its television assets to Vivendi in 2002; these assets are now owned by NBCUniversal, a division of Comcast.
