Google Acquires Zagat
quantr writes "Google has acquired Zagat, one of the most well-known names in restaurant reviews. Zagat is best known for its small guidebooks (the dead-tree sort) that offer reviews and recommendations on restaurants around the world. Terms of the deal weren't disclosed."
Newly accepted submitter jkirch writes with a link to Google's announcement.
You're suppose to extinguish the competition, not your own service and making the competition stronger.
I watch some of those "failing restaurant" shows: Kitchen Nightmares, Restaurant Impossible, etc.
MANY of those places have Zagat stickers in the windows, often with good ratings. And yet their businesses are dying and the TV chefs think the food is awful. Customers are scarce, so there must be a reason. Some of the problems with food quality and cleanliness might be overstated for shock value, but it never looks like the TV chef has to try very hard to find problems.
What's up with all of these Zagat-rated disaster restaurants? Does anyone on Slashdot know what's going on?
Google must still defeat Shen Long to stand a chance.
Bow-ties are cool.
Maybe one day the government will need to break up google also and then years later let it recombine!
You got the touch!
If the food was so horrible that you trashed the place in a review, why would you go back?
The acquisition makes sense, in that they obviously want ratings of restaurants (and other places) on Maps, and they've already changed tactics there once or twice. This'll pretty much take care of that problem.
I start to wonder, though, whether any acquisition by Google wouldn't "make sense". Their purchase of Motorola Mobility makes sense, too (though not to everyone). When you buy a consumer electronics company and a restaurant guide in consecutive months, what won't you buy? What acquisitions won't "make sense"?
Google buys Pacific Gas and Electric for $20B. Makes sense...
1. Yelp is no Apple (iPhone/iPod/iTunes; probably the best designed/marketed/developed products in 50 years. I detest the Apple approach, but I respect their success and understanding of their market).
2. Google's first social network (Orkut) launched before Facebook, but Facebook's approach was more appealing to US consumers. But we don't yet know what's going to happen with Google+. However, Facebook is no Apple either.
3. Zagat is focused on a narrower market than Yelp.
Hopefully, Yelp will continue to develop. They have a lot of value as is. However, I wouldn't want Google to suddenly enhance one of the competitors in my space. It may be that this aquisition will actually help Yelp; we don't know what Google is planning yet.
It took too long. The WSJ has a better one here http://online.wsj.com/article/SB10001424053111904836104576558600549181370.html/ that's not behind a paywall. It also takes a more insightful view of the deal and who might be affected by it.
"We are just a war away from Amerikastan. When god vs god the undoing of man." Dave Mustaine
He didn't say the food was horrible, he just said he wanted to trash it anonymously online.
and yelp has been accused of extorting local businesses. i went to a restaurant on monday and most of the yelp reviews were so so to bad. i was surprised when i had some really good greek food.
zagat is a much better brand than yelp and the whole crowd sourcing thing is a 50/50 crap shoot most of the time
You're such a wanker, Kendall.
When they sold out, started "reviewing" chain fast food restaurants, and started giving "Best Of" awards to places like KFC and Burger King.
I wonder how much the big fast food places paid off Zagat to get their stickers in almost every corporate owned fast food place out there?
Unless you are buying ads from Google you are not a user to them, you are a product to them.
YOU ARE THE PRODUCT!
Google is like the rich kid with too many toys.
How long before Google shuts down Zagat? This can be nothing but a drop in the bucket of their global strategy. Why bother?
As a stockholder, I'd be ticked about their endless wasteful acquisitions and distractions.
3. Zagat is focused on a narrower market than Yelp.
For now, anyway. I think it's reasonable to assume Zagat will become a standard app on Android and expand from there.
Yelp could use some editors. Five years ago it was really helpful, today it's suffering from lower quality reviews.
My God, it's Full of Source!
OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
Well this explains McDonalds' and Burger King's new top ten rating in Zagat. Or do you think it might have to do with how much money they pay Google for Advertising?
-- I ignore anonymous replies to my comments and postings.
Every parent ever has been accused of being "totally mean" or "UNFAIR" by the children they're disciplining.
Parents ask for an "advertising" payment in exchange for allowing good reviews to be posted?