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Twitter acquires search engine Summize

By Emily Morgan

July 16, 2008 at 2:53pm

Microblogging site Twitter has made it easier to navigate every up-to-the-moment update published on its website with a newly acquired search engine, Summize.

Twitter’s take-over of Summize, which Summize co-founder Ajaipal Virdy calls “a perfect technology fit, vision fit, and cultural fit,” was announced on Monday on the Twitter blog.

The selling price of Summize has not been disclosed, but TechCrunch reports that it was paid “mostly in stock.”

Twitter partnered with Summize to allow users to go beyond reading updates from those whom they are connected to, to search topics throughout Twitter as they’re posted.

Virdy blogged about the benefits Summize will bring to Twitter, explaining that the Summize technology makes it possible to ” ‘listen in’ on conversations on practically any topic.” He goes on to say, “We tamed the Twitter public timeline by bringing some order to the chaos.”

The two companies have been connected through one investor, John Borthwick. Borthwick is partner in the capital investment group Betaworks, which backed both Summize and Pyra Labs, which was founded by Twitter chairman Evan Williams.

Twitter will take on five of the six engineers who have run Summize, with the exception of Virdy, who plans to move on to work on a new project.

This is the second company Virdy has founded which has been taken over by an internet giant. He also founded LocalEyes Corporation, which was sold to AOL in 2000.

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