Wednesday, November 01, 2006

Behind the deal: JotSpot price rumored at $50 million - Valleywag

"Word is that Google paid $50 million when it recently bought JotSpot (a deal that was arranged over a month ago but was only announced yesterday). Word also is that JotSpot's technology is a piece of crap -- which its competitors gleefully acknowledge, though in more appropriate terms. So why did Google dump that much money?"

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