Mar
09
Sears Buys a Search Engine - Really!
It may sound unbelievable, but Sears (you remember Sears, don't you - the big retailer) just bought their own search engine! Well, more of a social search engine, but a search engine nonetheless.
Here is the news from Sears:
The acquisition fits in with Sears' policy to get into online services. As part of the retailer's restructuring in early 2008, it reoragnized into five relatively independent units: operating businesses, support, brands, e-commerce, and real estate. Sears chairman Edward Lampert is the owner of hedge fund ESL Investments Inc., which controls the company.
Information from Globes Online - Israeli start-up Delver acquired by Sears
Information from TechCrunch - Delver Gets Acquired by Sears
So what next, the K-Mart social network? Stay tuned.....
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