Notes: This is a technology and management acquisition. Joe Krause, co-founder of excite@home should contribute significantly to the wiki/collaboration group w. in GOOG. Acquisition value probably less than $50m. Competitors in the space like Socialtext are struggling to gain market adoption.
Tuesday, October 31, 2006
Goog buys Joe's Jotspot
"Google Inc., expanding its efforts at providing software that helps users create and post their own materials on the Internet, has acquired a California startup that develops online collaboration tools known as wikis."
Notes: This is a technology and management acquisition. Joe Krause, co-founder of excite@home should contribute significantly to the wiki/collaboration group w. in GOOG. Acquisition value probably less than $50m. Competitors in the space like Socialtext are struggling to gain market adoption.
Notes: This is a technology and management acquisition. Joe Krause, co-founder of excite@home should contribute significantly to the wiki/collaboration group w. in GOOG. Acquisition value probably less than $50m. Competitors in the space like Socialtext are struggling to gain market adoption.
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