Welcome to WebmasterWorld Guest from 54.144.77.26

Forum Moderators: open

Message Too Old, No Replies

Overture to Acquire Web Search Unit of Fast Search & Transfer -- FAST

     

Mike_Mackin

1:34 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Overture to Acquire Web Search Unit of Fast Search & Transfer -- FAST

" 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]

dougs

4:38 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



So are the google vc boys going to push for a float. Their worth must have just dropped today.

Dougs

Brad

4:41 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>>Throwing together the clustering from AV with the natural language capabilities from Fast could give Google a run.

I think heini is right on this one. That clustering is impressive.

Brett_Tabke

4:50 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Administrator brett_tabke is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



Imagine the keyword data overture can put out now that they have all those altavista and Fast logs too.

grifter

4:51 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



That clustering is impressive.

Explain clustering to my niece, who heard Google used as a verb on Buffy recently. ;)

lazerzubb

4:51 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Hmmmm... Brett please read post 69 :)

Congrats to Fast on the profit too.

GoogleGuy

4:57 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member googleguy is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Things are never boring in the search engine field, right folks? ;)

heini

5:02 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member heini is a WebmasterWorld Top Contributor of All Time 10+ Year Member



>never boring
frankly, it was about to look a little boring.

stechert

5:02 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



there's always something new to keep you focused :-).

WebRookie

5:19 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



Imagine the keyword data overture can put out now that they have all those altavista and Fast logs too.

No kidding!

This is getting interesting...

jbauder

5:35 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



I just hope AV and FAST can't show Overture how to combine keywords faster ...

SEGuru2

5:37 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



So I checked my mail and realized that I had an email in my inbox from John M. Lervik, Ph.D., Chief Executive Officer Fast Search & Transfer.

This was a very nice email stating the sale while specifying the assets sold. He also stated the likelyhood of our continuing to work with the same people we have been working with just as Overture employees now.

I thought that was very professionl of him to do and should be interesting to see how this all plays out yet.

Yidaki

5:44 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Quite nothing surprises me anymore in this search engines roulette. But i'd be really shocked if google would get bought by MS. I agree with lazerbubb, that replacing k's of linux machines by windoze boxes would be a mess and prob avoid such a deal ... that's a nice peace of hope. Don't sell to MS, google ... pleeease! You'll don't need them at all! ... don't you!?

SEGuru2

5:48 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



Thats funny...Microsoft and Google...how scarey is that?!?!?!

pleeker

5:49 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I think as much as M$FT would like to own Google, they must be smart enough to know it's not a good fit. The cultures (from what we hear, read, etc.) seem too different to me. You can't just throw money at something (i.e. -- in a purchase) and make fundamentals like that go away, can you?

I could see M$FT buying the FasTure conglomerate now, as others have suggested, but smaller purchases might come first. (Looksmart, etc.)

Just my two cents, I love this industry. :)

Yidaki

5:54 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>Microsoft and Google...how scarey is that?!?!?!

phhh ... IMHO MS is evil so it'd be more than scary. The evil buys the brave - damn, no!

forgive me this flame but i'd be really scared of such a move ... not only because i'm a mac guy since ever.

Grumpus

5:55 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I agree. MS and Google aren't a good fit. Google is to search engines what open source is to operating systems - except that Google is winning the SE war, whereas open source is lagging in the OS war.

Google does have that "we're not in it for money, we're in it to provide YOU with good results" type message - and the public is buying that message and it's a HUGE part of it's attraction. If MS buys Google, that message goes BYE BYE and Google takes an INSTANT hit in popularity.

There are some more web search technology properties out there - some that haven't even been mentioned (can anyone say Almaden?). Overture is a good match for MS, too as they both are "bottom line" oriented companies. I think Overture might have a bit of overinflated value for the next few months, though with these two big aquisitions. I still think we're looking at a little bit of time before MS makes any big announcement.

Yidaki

6:00 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



> If MS buys Google, that message goes BYE BYE and Google takes an INSTANT hit in popularity.

Hmmm ... how many PC users flame about their system? Do they change the system? Nope. I'm not too sure if such a deal would give it a instant hit in popularity.

>an anyone say Almaden

I'm awaiting them since years. I guess, IBM has other problems and visions ...

cohwill

6:01 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



I have been doing the paid inclusion with both Ink and FAST, but have not been getting very good results with FAST at all.

It was one of my favorites, though. This is not chess, it is rugby!

Mike_Mackin

6:03 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>overinflated value

In the last 30 days their stock has gone from $26 to $15.

P/E = 14.12
MktCap = 900.58M

NFFC

6:30 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member nffc is a WebmasterWorld Top Contributor of All Time 10+ Year Member



These are Overtures top 10 partners [in order of contract expiration] accounting for over 80% of their revenue for quarter 3 2002:

Freeserve

Applied Semantics

AltaVista - Expires May 2003

Netscape Premier Provider and AOL Europe

Comet Systems

Terra Lycos - November 2003

Microsoft:
MSN Panel on Microsoft?s Internet Explorer + msn.com

CNET

Yahoo

InfoSpace;
(Excite, Dogpile and Webcrawler)
-------

I think the latest moves are a defensive measure, they tried to attck the search space bg and failed

SlyGuy

6:45 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



Microsoft and Google...how scarey is that?!?!?!

<Shudder>

We're only in February. It will be interesting to see what the next 3-4 weeks brings us.

I've already flagged this thread.

conor

6:47 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Industry Consolidation has never been so interesting ;)

jamesyap

6:48 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



UPSET! :(

I don't really like overture and I don't understand why Yahoo or MSN or Google doesn't try to acquire AV and FAST but let both drop into the hands of overture!

What's next overture? LookSmart?

jamesyap

6:51 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



Not like a crawler search engine, it doesn't require much technolgy in operating a PPC feeder like overture. The most important is who are willing to partner with the PPC feeder. Maybe MSN will quit using Overture and use Google Adswords (like teoma/askjeeves) or even 7search. So as Yahoo.

If everyone stop partner with Overture, then we can only see overture ads appearing in AV and ATW. LOL.

Hollywood

7:02 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



Are you people watching the stock chart on AskJeeves? I keep mentioning this on the threads, but no-one is commenting? (MSFT Stock buyout?) At some point this is going to be a short. (Making $ on the chart dropping)
Comments - Sticky main me!

It's buyout fever!

ASK JEEVES INC (NasdaqNM:ASKJ)

[finance.yahoo.com...]

heini

7:11 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member heini is a WebmasterWorld Top Contributor of All Time 10+ Year Member



So Lycos and Dell own parts of OV now?

Namaste

7:31 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



what's the big deal...FAST is an insignificant search engine...wow it's worth $70 mil!

Jillibert

7:37 pm on Feb 25, 2003 (gmt 0)



An amzing development from OVER buying out FAST on top of AV.

They are ecpected to have combined revenues for 2004 of around 125m.

LOOK will have revenues of around 150m in 2003.

It now appears LOOK is ripe for a buyout but the question is who?

MSN look most likely and LOOK has been developing Wisenut for over 12 months in consultation with MSN.

Sure has woken this sector up and with INKT,AV and now FAST all gone in the space of 1 month......

Expect to see ASKJ go shortly too.

Leaving only LOOK and OVER really the only two serving paid inclusion results.

Google and the IPO have just hit the wall and Google would have to be in a great deal of trouble as it is being edged out of any partnerships and is not ready to go as a stand alone which it was positioning to do.

Google is the BIG loser here..........

egomaniac

7:50 pm on Feb 25, 2003 (gmt 0)

10+ Year Member



Although exciting, this is still no big deal IMO. Around 70-80% (or more) of all search activity takes place among Google, Yahoo, and MSN. Just because OV bought AV and FAST doesn't mean the public will pay attention or change their searching habits.

Now if one of those big three does something stupid causing themselves to lose their users, then thats another story.

I see this OV conglomerate (I like the OAF acronym!) as be a major player for all of the second-tier contract search opportunities (e.g. ISPs, newsites, etc.). Their language technology gives them an edge in non-US market as well, which are big opportunties over the next 5 years.

But for the next 2 years or so in the US, it probably won't affect me much.

Grumpus

7:57 pm on Feb 25, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



MSN could very likely contract with OV and not make any purchases of their own. While everyone seems to disagree, I also think that there is a very strong chance that Y! will outsource 100% of its web search to OV once it's got "web search results" all in working order - which could be pretty quick.

We'll see though. No need to call me an idiot here for suggesting Y! will go with OV - I've heard it all before. :)

G.

This 164 message thread spans 6 pages: 164
 

Featured Threads

Hot Threads This Week

Hot Threads This Month