Google Wins Rights to Aussie Algorithm
rcbutcher writes to tell us the Sydney Morning Herald is reporting that Google has just acquired the rights to a brand new text search algorithm invented by a University of NSW student. From the article: "Orion works as an add-on to existing search engines to improve the relevance of search and won praise from Microsoft founder Bill Gates last year. [...] Orion finds pages where the content is about a topic strongly related to the key word. It then returns a section of the page, and lists other topics related to the key word so the user can pick the most relevant."
I read a book on the Google story a while back. What I remember is that when they came up with the algorithm, they worked with Stanford to pitch the algorithm to Altavista, Yahoo, etc. They wanted about $1 million for it but nobody wanted it. The Google guys just wanted money so they could scale up their experiment with more computers and storage but none of the big guys could see any money in search engines. Then at the prodding of the Stanford folks, they found a few angel investors and build up their company and the rest is history. So I guess the Google guys don't want to miss any opporunity and probably have a soft spot for these college students for when they were in the same place.
I like his initiative though. I wonder if he looked around at the current marketplace and thought "hmmm... so I gotta few years to research something... Google's looking pretty hot right now... why not build something I can sell them the end of it?". If he did, he's smarter than the average bear.
Actually I did a similar thing during my undergraduate degree in the early-mid 90s. I designed a very early back-end/database for a generic web-based online store. About 2 weeks into my project I got a call from a big record company (who apparently had heard about my work) and they bought it, despite it being mainly on paper at that point. I won't say who it was, I ended up working for them for a short time after I graduated, and as far as I'm aware, their site still uses the core of my code.