Tuesday, July 26, 2005

Yahoo Acquires Konfabulator

Search engine giant Yahoo has acquired Konfabulator, a 'small' company that produces the famous widgets software for use on desktops. While it might seem to be a normal move for a big company to acquire a small company, it is not so normal when Yahoo now releases the widgets free of charge, and even offers a refund to those who recently paid the licensing.

Yahoo seems to be following in the footsteps of Google, by realising that having products (in Google's case - Google Earth, Picasa, Blogger), will boost up a company's reputation. The amount forked out by Yahoo is peanuts compared to the excellent (long-term) PR generated.


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