Twine Bought By EvriThere have been rumors afoot for some time that Radar Networks’ Twine was being acquired, possibly by Microsoft. Turns out the acquisition is by Evri. The Microsoft connection? Maybe it’s that Evri and Twine have had backing by Microsoft co-founder Paul Allen. In a statement released today, Evri CEO Will Hunsinger said that the acquisition gives Evri a leap forward in “delivering on the consumer promise of semantic search technologies – more meaningful, relevant results filtered from the ever-growing and increasingly cluttered fire hose of content on the web.” You can read more about Evri Evri">here and Evri">here. Nova Spivack, founder and CEO of Radar Networks, noted that he is confident that “Evri’s strategic direction and approach will carry Twine’s vision forward.” That vision was to provide consumers with a semantic web powered, smarter way to keep up with their interests. Here's an interview with Spivack on his vision for Twine 2, which was due to have been unveiled this quarter. The statement notes that Spivack will continue to be affiliated with Evri in an advisory capacity and the Radar Networks team will consolidate to Evri’s San Francisco offices. Email This Post |
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