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" Businesses using paid inclusion pay a fee to have their Web pages frequently reviewed by a search engine's Web crawler for inclusion in its index, ensuring that the most dynamic content on their Web sites is incorporated. The company said it plans to further enhance the paid inclusion products currently offered by FAST and AltaVista and intends to provide its advertisers with the benefits of consolidated reporting, billing, and a single interface for campaign management for both paid placement and paid inclusion products."
press release [corporate-ir.net]
Overture will acquire FAST's Internet business unit for $70 million in cash, as well as performance-based cash incentive payments for up to $30 million over three years.
And they go on:
..assets including FAST Web Search™, AlltheWeb.com™, and FAST PartnerSite™ products, related intellectual property rights, as well as data centers and equipment in Sacramento (USA) and London (UK).
Nothing more than a few pennies - I'm shocked!
[fastsearch.com...]
[edited by: Rumbas at 1:41 pm (utc) on Feb. 25, 2003]
My 10 pences are going to start going quickly soon.
Dixon.
google
inktomi
AV/FAST
wisenut
teoma
openfind
what is MSN going to do?
Worry they left it too late to go shopping?
or are they letting somebody else take the risks of filling the basket, and then they are gonna buy the whole Overture/AV/FAST basket or Yahoo!/Inktomi basket?
Cry? ;)
Big news, looks like 2003 will be the interesting year we thought it would ;)
Nick
Futhermore in this announcement [newsweb.no] to the Oslo Stock Exchange, they say that they'll focus exclusively on the enterprise search business, which accounts for over 75% of FAST`s current
revenue.
i will remember this day as a black day
:-( :-( :-(
i never liked overture and i can't believe that my favourite SE is now in the hands of overture :(
Somebody had a game plan.... I wonder if there's a round 3 acquisiton to come?
Guesses anyone?
Now watch Overture get bought by ms.
Nothing would surprise me anymore, Brett...
>>Now watch Overture get bought by ms
That would be the alternative.
That would be a disaster.
Just think though. every search using OV,AV and fast are now under the control of overture. That must be a large chunk of marketshare, any ideas how that compares to Google?
Very interesting developments lately.
And Google now has a competeter :)
