Google acquires JotSpot

Last month Google shook up the online landscape with its $1.65 billion purchase of video-sharing phenomenon YouTube and they are continuing their trend by snapping up JotSpot.com for an undisclosed fee.

JotSpot co-founder and CEO Joe Kraus wrote on Google Blog: “We watched them acquire Writely, and launch Google Groups, Google Spreadsheets and Google Apps for Your Domain. It was pretty apparent that Google shared our vision for how groups of people can create, manage and share information online,”

What exactly is JotSpot?

JotSpot’s product is a platform for building wiki-based applications. For example, the company has an online spreadsheet and calendar that multiple people can edit.

The Palo Alto, Calif.-based company has sold its wiki system primarily to business customers as hosted collaboration software. Wikis are catching on within businesses as lightweight alternative to large-scale document management systems.
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Read more about it at Google Blog