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	<title>WebProNews &#187; Medstory</title>
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		<title>Microsoft Announces Acquisition of Medstory</title>
		<link>http://www.webpronews.com/microsoft-announces-acquisition-of-medstory-2007-02</link>
		<comments>http://www.webpronews.com/microsoft-announces-acquisition-of-medstory-2007-02#comments</comments>
		<pubDate>Mon, 26 Feb 2007 17:07:59 +0000</pubDate>
		<dc:creator>Joe Lewis</dc:creator>
				<category><![CDATA[Search]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Medstory]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Vertical Search]]></category>

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		<description><![CDATA[Seeking no doubt to improve upon its dismal figures in the search market, Microsoft revealed plans today to acquire Medstory, a company that develops search technology for those operating specifically within the healthcare sector.<br />
]]></description>
			<content:encoded><![CDATA[<p>Seeking no doubt to improve upon its dismal figures in the search market, Microsoft revealed plans today to acquire Medstory, a company that develops search technology for those operating specifically within the healthcare sector.</p>
<p>A move like this could represent a shift in strategy for <a href="http://www.microsoft.com">Microsoft</a>, veering away from the broader scope of competing with the likes of Google and Yahoo for the entire search pie, but instead focusing on developing itself as a niche destination for users seeking more detailed results within specific verticals.</p>
<p>In the Microsoft&rsquo;s statement regarding the acquisition, the company references a study by the Pew Internet &amp; American Life project. According to the study&rsquo;s findings, 8 million people in the United States go online for health information every day, and 53 percent of health-seekers said a recent search had an impact on how they take care of themselves or someone else. </p>
<p>The figure that Microsoft finds the most interesting, however, is that 22 percent of respondents said they felt frustrated by a lack of information or an inability to find what they were looking for when searching for health information. With the acquisition of <a href="http://www.medstory.com/">Medstory</a>, it&#8217;s clear that the boys in Redmond are looking to appeal to this ever growing search market.</p>
<p>&ldquo;At Microsoft, we are focused on enabling people to make the best decisions,&rdquo; said Peter Neupert, corporate vice president for health strategy and leader of the Health Solutions Group. </p>
<p>&ldquo;We were impressed with the ability of Medstory&rsquo;s unique technology to organize and surface the most relevant online health content, which empowers consumers who are trying to find the right information about an important life event.&rdquo;</p>
<p>&ldquo;Instead of trying to force people to think in terms of the way a computer searches, we&rsquo;re enabling computers to more intuitively conduct searches in the way that people think,&rdquo; said Dr. Alain Rappaport, M.D., Ph.D., CEO and founder of Medstory. </p>
<p>&ldquo;With Microsoft&rsquo;s global reach and experience, I look forward to this soon becoming a standard for online searches in health and medicine.&rdquo;</p>
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