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Weekly News Digest

September 24, 2001 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

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Google Acquires Technology Assets of Outride, Inc.

Google, Inc. has announced that it has acquired the intellectual property—including patent rights, source code, trademarks, and associated domain names—of Outride, Inc., a Redwood City, California-based developer of online information-retrieval technologies. Financial terms of the deal were not disclosed. According to the announcement, the transaction complements Google's technology development to provide search results with greater relevance.

"This acquisition is another example of Google's commitment to providing the highest-quality search service in the world," said Larry Page, Google co-founder. "Outride has made significant advances in the field of relevance technology and we believe Google provides the ideal vehicle to continue the development of these technologies."

Outride, a spinoff of the Xerox Palo Alto Research Center (PARC), was created to apply state-of-the-art model-based relevance technology to online information retrieval. Outride's technologies were designed to enhance productivity from end-users by simplifying the ability to find the right information at the right time. The acquisition of assets from Outride follows a deal Google completed earlier this year in which the company acquired the Usenet discussion assets from Deja.com.

Source: Google, Inc.



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