AOL Acquires Q&A Service Yedda
AOL Acquires Questions and Answer Service Yedda, Inc., announces the AOL press center, just one week after purchasing contextual ad company Quigo, AOL scoops up Yedda Inc, a people-powered, quester & answer service.
Yedda’s semantic matching technology intelligently routes questions to relevant communities of Internet users who can "syndicate" their expertise and spark a community-wide dialogue of people invited to discuss and learn from each other’s experiences.
Ron Grant, President and COO of AOL, said, "In the course of our daily lives we often leverage the experience and expertise of friends, colleagues and professionals like doctors and lawyers to get answers to questions we have. Incorporating Yedda’s unique technology into AOL enables us to bring together our traditional search resources and an entire community of people to help users quickly find answers to questions."
On the other hand, Avichay Nissenbaum, CEO and Co-founder of Yedda said, "We are excited about joining the AOL family. The services and technologies our team developed are a perfect fit with the AOL strategy. We will continue to empower knowledge communities throughout the Web, directly and through our network of partnerships, and we’re looking forward to weaving our unique value into the various AOL properties."