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