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Overture Buys Fast Search

Posted by ryuzaki0 on from the zoom-zoom-zoom dept.

generic-man writes "Hot off the heels of buying Altavista, Overture today announced it would buy Fast Search. Fast Search, a Norwegian company which manages AllTheWeb.com, will get $70 million in cash with up to $30 million in performance bonuses over the next three years. The deal is expected to close by April."

1 of 156 comments (clear)

  1. I'm glad there is competition by Jeff+Probst · · Score: 0, Troll
    I'm glad there is competition in the search engine marketplace. For too long, google has held an illegal monopoly, forcing geeks with a social conscience like myself to use a second-rate search engine that cannot afford google's patent royalties.

    I can only hope that overture remedies this situation.