GOOGLE BUYS A WIKI COMPANY

The article reports on the acquisition of JotSpot Inc., a privately held wiki company based in Palo Alto, California, by Google Inc. The reason for the acquisition is said to be the similarity of the companies' vision towards helping people collaborate, share and work together online. Jotspot's wiki enables users to create web-based spreadsheets, calendars, documents and photo galleries, in contrast to other wikis. According to a source, JotSpot had one of the most application-rich wikis on the market, targeted to organizations that wanted collective documents with more user access controls and embedded applications.