May 20, 2003 -- (WEB HOST INDUSTRY REVIEW) -- Search engine consolidation is nearing its end, according to a new research report released today by The Yankee Group (yankeegroup.com).
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The report, titled ?Mass Consolidation Hits the Web-Search Market," examines the effects of a string of major merger and acquisition announcements and their impact on the Web and enterprise markets.
According to the report, the Web search market has firmly consolidated with three large competitors ? Yahoo! (yahoo.com), Overture (overture.com) and Google (google.com) ? emerging as the dominant players. The report examines recent developments in the merger and acquisition market such as the breakup of Inktomi, and Overture?s acquisitions of AltaVista and FAST?s Web-search businesses. In its conclusion, the report publishes Yankee Group perspectives on the future of the search market and the prospects of the vendors that remain.
?The recent string of Web-search acquisitions represents the last significant round of consolidation the market is likely to see,? says Rob Lancaster, Yankee Group Internet Business Strategies senior analyst. ?The market?s merger-and-acquisition activity represents the final stages of a consolidation that began several years ago when early search engines started to compete for traffic and gave away content.?
Based in Boston, The Yankee Group is a technology research and consulting firm covering communications, IT products and services.
