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In a suprise move, which certainly wiped the sleep from our eyes
when we learnt of it, Overture have agreed to purchase Altavista
from CMGI for $140 million in cash and stock. The deal is expected
to close in April this year.
Overture is
primarily known for its pay per click results which show at the
top of major sites such as MSN and Yahoo under 'sponsored listings.'
Clients of Overture have to bid an amount per click to appear and
the highest bidder appears at the top.
Last year, Overture
lost out to Google when AOL and Earthlink in the US switched to
an all Google solution, showing Google Adwords as the sponsored
links backed up by the normal Google search results. It appears
that Overture are now trying to provide a one source solution to
partners in the future.
By utilising
a spidering search engine which also allows trusted feed and paid
inclusion in its results, Overture should now be able to give an
offering which allows its portal clients to receive more revenue
from a broader range of search results. However, how this is all
going to work is anyones guess right now.
With Yahoo's
recent takeover of Inktomi and speculation that MSN may change its
provider of search results, this is proving to be an interesting
year for search engine marketers.
Further Discussion
at WebmasterWorld.
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