Friday, February 12, 2010

Google Agrees to Buy ‘Social Search’ Service - Bits Blog - NYTimes.com

More on Aardvark, the first name in social search (when company names are sorted in alphabetical sequence)

The price of the deal was not disclosed, but TechCrunch, citing an anonymous source, said Google paid around $50 million for the company. Late last year, the company, which has raised more than $6 million in venture capital, was being shopped to Google and others for around $70 million, two people with knowledge of the offer said.

Google once operated a paid question-and-answer service called Google Answers, which it shuttered in 2006 after it failed to get traction. Its rival Yahoo runs Yahoo Answers, a popular service where people can seek answers to their questions.

Google Agrees to Buy ‘Social Search’ Service - Bits Blog - NYTimes.com

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