This morning, or last night, Netimperative reported that Jeeves buys Excite Europe, however, it seems like the story was pulled (at least it is currently not loading anymore, it was 10 minutes ago).
Luckily, there is forum discussion on the topic. First forum to post something on the topic was WebmasterWorld. I was then responsible for the next two forum posts at Cre8asite Forums and Search Engine Watch Forums.
Also, you can find the Press Release at PR News Wire.
Rumor is that it cost 6.1 million euros.
Keep snagging small pieces of the pie, Jeeves.
Update: Gary Price writes Ask Buys Excite Europe; To Share Excite.com With Infospace, "the company has agreed in a "comprehensive settlement of litigation" with InfoSpace to share marketing costs and revenue from the Excite.com Web search function."