Overture Buying Alta Vista
Overture Services plans to acquire search technology company AltaVista for $140 million in cash and stock.
SEARCH CONSOLIDATION COTINUES
The announced buyout follows Yahoo’s proposed $235 million acquisition of Inktomi, whose technology rivals that of AltaVista’s.
Yahoo and Overture are focused on providing the fastest, most relevant Web search results to rival those of Internet darling Google.
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