February 27, 2003
Googles only real competitor bought by Overture

In the news today (Google news): The purchase of AllTheWeb.com and its technology from Fast Search and Transfer to Overture Services Inc for 100 million US dollars.

That, just a week after they announced their takeover of the Altavista search engine. Its going to be interesting to see if Overture, which made its money from pay-for-placement search, will add more of the same to both AltaVista and AllTheWeb.

To me, it seems like AllTheWeb soon will be filled with pay-for-placement ads, and that it will become less of a competitor to Google.

[Via andersja's blog]

Posted by jarle at 02:31 PM | Comments (4)