Google acquires PostRank to help cut through the social media noise for users and advertisers. The move is Google's latest play to challenge Facebook in social software.
Google (NASDAQ:GOOG) June 3 said it has purchased
PostRank, a startup whose software sifts through social media to
disambiguate signal from noise.
Financial terms of the deal were not disclosed.
ReadWriteWeb, which uses PostRank,
explained that users may plug in any RSS feed to PostRank, which scores each
post in that feed by the number of comments, inbound links, mentions on
Twitter, saves on Delicious and other social media metrics. Users may then set
up a filtered feed of the most-discussed items.
Publishers pay for PostRank's data services and analytics
to get a handle on not only where their content is being used and by whom, but
what's being said about their rivals. Companies such as Jive Software and
Salesforce.com provide similar filtering services at a much more serious level
for larger enterprises.
"Conversations online are an important signal for
advertisers, publishers, developers and consumers-but today's tools only skim
the surface of what we think is possible," wrote PostRank CEO Carol Leaman
and CTO Ilya Grigorik in a
blog post.
Leaman and Grigorik, who along with the small team will
be joining Google's Mountain View, Calif., headquarters, added that because
Google groks the value of social engagement, the search giant will help PostRank
expand its purview to millions of Web users.
When eWEEK asked how Google planned to leverage PostRank,
a spokesperson responded: "We're always looking for new ways to measure and
analyze data, and as social analytics become increasingly important for online
businesses, we're excited to work with the PostRank team to make this data more
actionable and accountable."
PostRank's approach to measuring Web engagement, Google added,
should help the search engine improve products for its users and
advertisers.
That sounds a lot like Google will put the PostRank team on
its Google Analytics team, whose goal is to measure user engagement and online
activity. Analytics does this well, but was not designed with a social bent
from the ground up, which is how PostRank was fashioned.
More broadly, PostRank is just the latest in a run of
social media purchases Google started in earnest last summer when it
acquired Slide, virtual currency provider Jambool, SocialDeck and others.
The company is using talent and technology from these
acquisitions to fortify its social software strategy versus rival Facebook,
whose user engagement and social advertising
prowess threaten Google's online growth prospects.
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