Google snaps up wiki firm JotSpot
Search engine Google has continued its acquisition trail, snapping up US technology firm JotSpot.
JotSpot, which was founded in 2004, offers a do-it-yourself publishing application, which enables people to create collaborative and personalized ‘wiki’ spreadsheets, calendars, documents and photo galleries.
Thousands of businesses are using the application to manage projects, build an internet and share files, according to the company.
Terms of the transaction were not disclosed. The acquisition is in line with Google’s mission, which is to ‘organise the world’s information’. The search engine recently paid out US$1.65 billion in stock to acquire videosharing website YouTube.