Go2Net Inc. Wednesday acquired popular
metasearch engine Dogpile for $55 million in cash and stock.
Dogpile will be the Web site network’s second trophy in the search engine
purchase arena, following its previous acquisition of MetaCrawler.
Dogpile’s proprietary search technologies
will be added to the Go2Net Network to allow users to search for specific
businesses on HyperMart and Virtual Avenue, as well as for
specific bid items on Haggle Online.
“Go2Net’s acquisition of Dogpile strengthens our position as the Internet’s
leader in the metasearch category, while adding a significant and growing
base of users to the Go2Net Network,” said Russell C. Horowitz, Go2Net’s CEO.
“Dogpile’s profitable business and its core technologies are key additions,
bringing Go2Net greater leverage with our business, by virtue of the
enhanced revenue opportunities that will accompany the integration of
Dogpile’s specialized search offerings.”
Dogpile and MetaCrawler both allow users to search through multiple engines
simultaneously, a format which is quickly replacing single search engine