Answers Corporation, creators of the Answers.com, an answer-based search engine, has announced the acquisition of Brainboost Technology, LLC for $4 million in cash and 439,000 shares of restricted stock, including certain price protection rights. The company plans to integrate the Brainboost answer extraction engine--artificial intelligence technology enabling natural language search on the Web--into its own product line. Assaf Rozenblatt, developer of the proprietary technology, has joined the Answers.com team as director of natural language research.
|