January 16, 2006

Yahoo Acquires SearchFox Assets

Michael Arrington

44 comments »

Reliable sources are reporting that SearchFox, which announced that it will be shutting down as of January 25, 2006, has sold its assets to Yahoo. At least some of the employees have moved over to Yahoo as well.

There is no indication of price. It is unclear whether this was a straight acquisition resulting in the announced shutdown, or if Yahoo stepped in after the announcement for an opportunistic deal. Regardless, it’s nice to now that the SearchFox product will (or may) live on.

Sphere It

This entry was posted on Monday, January 16th, 2006 at 5:16 pm and is filed under Company & Product Profiles. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Trackbacks/Pings (Trackback URL)

Comments

Andrew Hamann - January 16th, 2006 at 5:48 pm PST

Web 2.0 is Yahoo! 2.0 indeed…

Eric Willis - January 16th, 2006 at 5:49 pm PST

This is good news. As a fellow entrepreneur, it is nice to know that Richard and Russell will receive some type of compensation as opposed to closing the doors and taking nothing but a loss. Also, the users that loved the product will most likely still be able to use the service. By the way Michael, I’ve been reading your blog since its inception..and I’m living in Brasil for a few months now..when my Internet connection was finally installed in my apartment, Techcrunch was my first stop…spent all day catching up! Keep in the great work. This site is one of my few daily must reads.

Michael Arrington - January 16th, 2006 at 5:51 pm PST

Eric,

Wow, thanks very much for the compliment. I agree, this is good news.

Russell Limprecht - January 16th, 2006 at 6:29 pm PST

Wow! This is the news I was waiting to hear. I too read Techcrunch daily. It is the highest rated blog in my Searchfox list.

andr3 - January 16th, 2006 at 9:35 pm PST

Very good news. It seems that SearchFox has more than a share of fans here and there… It’s the best web based aggregator I’ve tried, that’s for sure.

I’m looking forward to hearing some details on the future of the platform. Keeping my fingers crossed.

Oscar - January 17th, 2006 at 5:27 am PST

Well I do not mind about who buys or who funds. What I know is that SearchFox reader is a great product, they have developed a great tool, and now that I have used it, I can’t come back to my old reder.

Hope I can keep on using it very soon!

Thanks for the news.

Sherwin Techico - January 17th, 2006 at 11:35 am PST

Sweet! Let’s hope RSS-SearchFox reincarnates in a better product than it already is, as well as a domain more suitable for it =)

Kevin Burton - January 17th, 2006 at 7:02 pm PST

I’ve known about this for a week now but couldn’t run with it.. wasn’t given permission. Another source tells me the deal wasn’t for a lot of cash (but still might be good for the founders).

We’ll see…

Kevin

Geoffgo - January 18th, 2006 at 10:28 am PST

Usually, when a company’s assets are purchased, it means nothing is allocated to the founders. It is normally a lead-up to bankruptcy. The article suggests SearchFox was closing the doors next week anyway, so Yahoo! purchased whatever assets it valued ahead of the auction for the furniture.

Sorry, the comment form is closed at this time.