FAST and Overture

Posted by | February 25, 2003 | search engines | No Comments

So I was wrong last week, but correct originally. Overture have indeed bought FAST.

Despite the drop in their share price, this is a good move by Overture. Google has not yet raised cash from an IPO and so can only offer stock. Overture is mopping up the loose ends in the search landscape by offering cash and is covering itself against longer term weaknesses.

Overture to buy search services | CNET News.com