- Joined
- Nov 13, 2002
- Messages
- 2,640
- Reaction score
- 0
Jill Whalen, owner of www.HighRankings.com put's out a really nice, useful newsletter. Below is a cut and paste from her recent newsletter. You might want to sign for her letter, it's free:
~~~Other SEO News~~~
++Greedy Overture Gobbles Up Part of FAST++
I guess AltaVista couldn't satisfy Overture's hunger for some search
engine meat. Yesterday, Overture announced it will be acquiring
FAST's Internet business unit assets, which include FAST WebSearch,
FAST PartnerSite and FAST's popular search site, AlltheWeb.com.
Don't feel sorry for FAST, though; they've made out like a bandit with
$70 million in cash and additional bonuses on top of that! And the
best part is that this acquisition enables FAST to focus specifically
on its enterprise search business, which powers the search for
corporations such as IBM, Dell, Reuters, CareerBuilder, CIGNA,
FirstGov.gov (GSA), and Freeserve. Peter Gorman, FAST's Director of
Corporate Communications, tells me that over 75% of FAST's revenues
come from the enterprise search business and that they believe there
is great potential for them in this space.
As for what Overture is up to, it beats me. Perhaps they'll use
AltaVista as a place to have all Overture ads all the time since AV
still gets some traffic. And then maybe they'll sell or lease FAST's
algorithmic results along with their own PPC results to their portal
partners such as MSN. It's really hard to say. For all we know
they'll kill them both off. It wouldn't be the first time a company
bought out other companies just to kill them in the end.
The only thing we know for sure is that the search space is definitely
shrinking. Time for some new players to come out of the woodwork,
perhaps?
~~~Other SEO News~~~
++Greedy Overture Gobbles Up Part of FAST++
I guess AltaVista couldn't satisfy Overture's hunger for some search
engine meat. Yesterday, Overture announced it will be acquiring
FAST's Internet business unit assets, which include FAST WebSearch,
FAST PartnerSite and FAST's popular search site, AlltheWeb.com.
Don't feel sorry for FAST, though; they've made out like a bandit with
$70 million in cash and additional bonuses on top of that! And the
best part is that this acquisition enables FAST to focus specifically
on its enterprise search business, which powers the search for
corporations such as IBM, Dell, Reuters, CareerBuilder, CIGNA,
FirstGov.gov (GSA), and Freeserve. Peter Gorman, FAST's Director of
Corporate Communications, tells me that over 75% of FAST's revenues
come from the enterprise search business and that they believe there
is great potential for them in this space.
As for what Overture is up to, it beats me. Perhaps they'll use
AltaVista as a place to have all Overture ads all the time since AV
still gets some traffic. And then maybe they'll sell or lease FAST's
algorithmic results along with their own PPC results to their portal
partners such as MSN. It's really hard to say. For all we know
they'll kill them both off. It wouldn't be the first time a company
bought out other companies just to kill them in the end.
The only thing we know for sure is that the search space is definitely
shrinking. Time for some new players to come out of the woodwork,
perhaps?
