Google Acquires Urchin

[WPW_Feedbot]

I've been sitting on this all day because I could not get confirmation, but damned if it doesn't come in an email from Google. I shoulda run with the tip I got from a loyal reader....in any case, Google has purchased a web analytics company with serious enterprise mojo. MOUNTAIN VIEW, Calif. - March 28, 2005 - Google Inc. today announced it has agreed to acquire Urchin Software Corporation, a San Diego, California based web analytics company. Financial terms of the deal were not disclosed. Urchin is a web site analytics solution used by web site owners and marketers to better understand their users' experiences, optimize content and track marketing performance. Urchin tools are available as a hosted service, a software product and through large web hosting providers. These products are used by thousands of popular sites on the Internet. Google plans to make these tools available to web site owners and marketers to better enable them to increase their advertising return on investment and make their web sites more effective. "We want to provide web site owners and marketers with the information they need to optimize their users' experience and generate a higher return-on-investment from their advertising spending," said Jonathan Rosenberg, vice president of product management, Google. "This technology will be a valuable addition to Google's suite of advertising and publishing products." The acquisition is subject to customary closing conditions. Google anticipates that the acquisition will close before the end of April. So this is interesting on a number of levels. Urchin was a third party system that many used to understand their Google ads, among others. As part of a Google suite of tools, it will take on a decidedly different cast. More as the word trickles out. BTW, I was told by the tipster that the...

Read more...