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IAC has acquired a significant minority stake in The HealthCentral Network. Terms of the deal have not been disclosed.

The HealthCentral Network is a collection of over 30 owned and operated condition-specific and healthy living websites that combine authoritative health information with tight-knit communities of people, bringing together patients and experts to share wisdom and personal experience. The move marks a major push into the online health information space, and allows IAC to capitalize on THCN’s highly integrated online properties deeply focused on strong consumer-engagement.

In addition to the minority stake, Barry Diller and Peter Horan, CEO of IAC’s Media & Advertising sector, will serve on HealthCentral’s Board. In addition to this appointment, Mr. Horan will maintain responsibility for overseeing IAC’s health efforts.

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