Google buys Xerox PARC's Outride

Search engine Google on Thursday announced that it will buy the intellectual property assets of Outride, an online information retrieval technologies developer that was spun off from Xerox's Palo Alto Research Center. "Outride has made significant advances in the field of relevance technology and we believe Google provides the ideal vehicle to continue the development of these technologies," said Larry Page, one of Google's co-founders. ... Outride, based in Redwood City, Calif., was founded in May 2000 to develop "model-based relevance" technology designed to simplify information searches.