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AOL's acquisition spree continues with semantic technology firm Yedda

AOL continues its acquisition spree by buying question and answer service Yedda.

AOL continues its acquisition spree by buying question and answer service Yedda.

An excerpt from News.com:

The acquisition, according to a release from AOL, was all about Yedda's code: the patent-pending semantic technology "automatically matches questions to other related questions and topics, while selecting the best available users to answer the question." Yedda-powered features are set to begin appearing on AOL's sites over the next few months.

Just last week, AOL announced the deal to acquire Quigo, an advertising-oriented firm. The string of acquisitions are speculated to be part of a major strategy, even as the portal faces losses.

More information:

AOL Acquires Yedda Q&A Service (WebProNews)

AOL Acquires Q&A Platform Yedda (SearchEngineWatch)

AOL Continues Buying Frenzy, Acquires Yedda (Wired)

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