Autonomy biggest in search after $500m Verity buy

December 2005
MarketWatch: Technology;Dec2005, Vol. 4 Issue 12, p35
Market Research Report
Market Research Report
The article reports on a deal between Autonomy Corp. and Verity Inc. which brings together the two biggest enterprise search technology companies in a market seething with activity due to the success of consumer search engines. The acquisition has opened the way for the next competitive battle in the search market. Fast-expanding Oslo, Norway-based vendor Fast Search and Transfer ASA said that it had evaluated Verity and found the price far too high. Verity has struggled to keep up with the pace of development in search technologies and its software license revenue has declined from that in 2001.


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