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Stratify resells Fast Data Search

interesting new partnership

     
10:34 am on Jan 22, 2003 (gmt 0)

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Okay, our daily Fast news give us today...

Fast's enterprise search has gone into a new partnership with Stratify.com [stratify.com], a hot newcomer in the information retrieval market.

The Stratify Discovery System is a taxonomy and categorization platform that enables information intensive enterprises to organize, classify and leverage their unstructured information resources

Stratify is a California based company with VC funding - and some interesting customers, like the US dep. of Education.
[fast.no...]

Tor

12:06 pm on Jan 22, 2003 (gmt 0)

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I also notice that Intel is one of their shareholders. That`s a good sign. This is a particulary good day for Fast to announce such a deal, because it happens to be my birthday today! :)
1:23 pm on Jan 22, 2003 (gmt 0)

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I wonder what will come out of this partnership?
How the stock price react on this?

Happy B-day Tor! :)

Tor

2:18 pm on Jan 22, 2003 (gmt 0)

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The stockmarket in general is declining sharply today after 4 days of decline on Nasdaq. The Fast shares are unchanged so far today and I assume that is because of the new deal that they have signed.

P.S. Thank you for the greetings Rumbas!

4:42 pm on Jan 22, 2003 (gmt 0)

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It sounds like Stratify categorizes data into a directory-like structure...only instead of using people to do it, they have software to do it.

That'll be interesting.