Yahoo's announcement today that it has successfully completed its acquisition of commercial search provider, Overture Services, has could cast doubts over its relationship with LookSmart in Australia.
Overture has launched its operations in Australia offering paid-placement search services, headed up by an ex-Alta Vista heavyweight.
The search engine business is consolidating as Internet heavyweights look for new ways of bringing in revenue.
Overture Australia -- due to launch a paid search service here next quarter -- plans to focus its Australian operations on sales, marketing and business development, with technical development run out of its U.S. head office.
After rounds of layoffs, the departure of its chief executive, the cancellation of its public offering, and investor repulsion of all things dot-com, AltaVista is looking for a way out of its difficulties. But the company has had to abandon some ambitious projects along the way.
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