Microsoft boosts search ability by buying Lookout
SeattlePI | at | by Mike
Moving to strengthen its position against Google and Yahoo!, Microsoft said yesterday that it bought a company that makes software for searching through e-mails and other computer files.
The acquisition of Palo Alto, Calif.-based Lookout Software LLC will bring new technology into Microsoft's MSN Search initiative, the company said. In addition, one of Lookout Software's founders will join Microsoft as an employee working on the MSN Search team. Microsoft declined to disclose the price it paid.