Google Acquires Jotspot
Google today announced that it has acquired hosted wiki provider JotSpot.
Under the acquisition, the service will become completely free.
Previous rumors this summer had Jot being acquired by Yahoo, as part of their efforts to bulk up their social software platform. I wouldn't be surprised to see Yahoo respond with an offer for WetPaint or SocialText.
In the near term, the deal provides Google with many more page views for serving ads. Longer-term, it will be interesting to see whether they integrate Jot with Google Docs & Spreadsheets and other collaborative applications.
SocialText is focused on the enterprise market. Yahoo is not interested in this space. WetPaint is focused on the consumer market and is a good acquisition target for Yahoo.
Posted by: Dimitar Vesselinov | November 01, 2006 at 07:18 PM