Google Buys Up Kaltix Very Quickly

from the no-time-to-waste dept

It was just last month when we wrote about Kaltix and compared them to the founding of Google and Yahoo. It was founded by some Stanford grad students trying to make search even better - with a focus on building something that could be used by the previous big name search startup created by Stanford grad students. In this case, they had learned how to make Google's famous PageRank much faster - with the idea that Google could be personalized, so that search results depended on who was doing the searching. When I wrote the post in August, though, I figured this time they wouldn't go on to be a big standalone company, and even asked: "let's see how long it takes this startup to get bought out by one of the other search players." Well, we have an answer, and it's "not long". Google has bought up Kaltix just three months after the company was founded. They figured if anyone was going to be improving on PageRank, they might as well work for Larry Page himself. Chances are, this is exactly what the folks involved with Kaltix were expecting from the start. In some ways, this was simply a "class project" to convince Google to hire them, complete with a nice "signing bonus".

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