Forum Moderators: goodroi
GOOGLE has continued expanding its online empire, buying pioneering group JotSpot, which specialises in "wiki" collaborative web pages.Unlike Google's grand $US1.65 billion ($2.15 billion) stock deal to acquire online video-sharing website YouTube announced three weeks earlier, the JotSpot takeover was disclosed informally in a blog.
Details of the JotSpot acquisition were not disclosed.
"OK, I can finally blurt it out," JotSpot founder Joe Kraus wrote in a weblog posted at the JotSpot site and on Google's media information web page.
Here is the Google Posting on their blog [googleblog.blogspot.com]...
Cheers
[edited by: Brett_Tabke at 1:14 am (utc) on Nov. 1, 2006]
[edit reason] added link [/edit]
JotSpot co-founder and CEO Joe Kraus announced the acquisition on a blog Tuesday morning, saying that being part of search giant Google will give JotSpot access to "world-class" data centers and engineers.Details of the transaction were not disclosed.
Google's efforts to offer hosted applications, such as word processors and spreadsheets, mesh with JotSpot's strategy to build online productivity applications, Kraus wrote.
Google buys JotSpot, dips into wiki world [news.com.com]
The product is world class, and I'm sure the Google acquisition will continue to enable them to develop their edge.
