Monday, April 25, 2005

Quote Media is to sell Dutch search engine back to its founder

Quote Media has decided to sell both and back to their original founder Jan-Willem Tusveld following a decision that the sector was not their core business, reports Emerce.

Jan-Willem Tusveld founded in 1998 selling it later to the investment group Reggeborgh - who then sold it to Quote Media. is currently the fourth search engine in the Netherlands after Google, Ilse and MSN. Mr. Tusveld has said that he would like to take ahead of Ilse - the leading Dutch-owned search engine. was created a year ago to bring a new concept of 'clustering' meaning that related themes are shown in a list on the left of the page to facilitate the user's search. It has only come out of beta this month.