Search Companies Buy New Technologies
Google scoops up the developer of blogger software, Overture buys search software maker AltaVista.Two Web search companies have announced acquisitions this week with Google Inc. buying Weblog software developer Pyra Labs and Overture Services Inc. acquiring search vendor AltaVista Co. Pyra Labs, a six-person San Francisco-based startup, develops the popular Blogger personal Web publishing tool. Terms of Googles acquisition of Pyra were not disclosed. Both companies are privately held. The acquisition gives Google, of Mountain View, Calif., another content source. The company bought Deja.com two years ago and recently started its own news site. Google also sells an enterprise search appliance so the acquisition could allow it to move into the growing enterprise Weblog software space, though company officials have given little indication of Googles plans just yet.
Google spokesman Nathan Tyler said a move by the company into the enterprise Weblog space was an "interesting concept," but its still "too early to tell" what Googles plans are in that area.