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29 Dec 07

2007-12-28: robert ambroghi's lawsites - Spock!

    • Friday, December 28, 2007






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      The Better People Search Tool






      Over the last several weeks, I've received several e-mails informing me that someone I know has requested my trust on Spock. Not knowing anything about it, I ignored them until I could find the time to investigate. Today I found the time -- and I am impressed.

      Spock is a search tool for finding people. But it is also a social networking and tagging tool. This combination makes it far more useful than other people-search tools and far more targeted than a broad search tool such as Google. For lawyers and other professionals, a key feature is the ability to claim yourself within search results and then enhance your profile with information about yourself -- Web links, RSS feeds, tags and contact information. In other words, you have significant control over the profile that others see in their search results.

      Another key feature is the ability to search by a variety of parameters -- name, e-mail address, tags, location, age and gender, for example. Even better, you can search by description, such as "massachusetts lawyer" or "massachusetts divorce lawyer," for example. Spock draws its search results from a broad array of sources, including social networking sites such as Linkedin and MySpace.

      Another key element, once you've registered (which costs nothing), is your search network. You build this network in several ways. One is to establish a "trust relationship" with a person, generally someone you know (thus those e-mails I was receiving). Another is to import your contacts and make those names part of your network. You can import contacts from Outlook, Gmail, Linkedin, Plaxo, AOL, Hotmail and other sources. Once you've established a search network, you can confine your searches to this network, resulting in more targeted and relevant results.

      Other features of Spock include:
      • Tagging. You can add tags to yourself and vote on others' tags. This establishes and strengthens relationships between people.
      • Related people. Allows you to define connections between people.
      • News. Keep informed of news about people in various ways, from the RSS fees they add to status updates Spock supplies.
      Spock is a people search engine that emphasizes the "people" part. I see it becoming a popular tool for searching for lawyers, whether by potential clients or by other lawyers, as well as for researching parties, witnesses, experts, job prospects and business associates.

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23 Jul 07

Legal Technology - Autonomy Buys Zantaz

  • Autonomy Buys Zantaz








    Enterprise infrastructure software maker Autonomy Corp. PLC on Tuesday, July 3, agreed to buy U.S.-based archiving company Zantaz Inc. for $375 million to exploit the growing electronic discovery market.


    Pleasanton, Calif.-based Zantaz provides content archiving, electronic discovery products and software to enable organizations to retain and retrieve unstructured digital information, while Autonomy sells the platform for accessing such information.


    Zantaz generated earnings before interest, taxes, depreciation and amortization of $5.2 million on revenue of $100 million for the year ended Dec. 31. In the 11 years since it was founded, its VC backers have included General Atlantic Partners LLC, Athena Technology Ventures, Red Rock Ventures, ComVentures, Pyramid Technology Ventures, Geneva Venture Partners and Novus Ventures.


    The purchase will be Autonomy's largest since it bought data retrieval software maker Verity Inc. for $507 million in cash at the end of 2005.


    "We have been greatly impressed by Zantaz's products and will be continuing to develop and support the whole range," said Autonomy CEO Michael Lynch in a statement. "Our combined solution will be unique in offering our existing 17,000 customers end-to-end information rich risk-management solutions."


    Cambridge, U.K.-based Autonomy said the acquisition will be partly funded through the placing of 12.7 million shares and a term loan. On completion, Autonomy said it expects to have about $75 million in cash on its balance sheet.


    Shares in Autonomy were up almost 9 percent, or 64.5 pence, to 792.5 pence in London, giving the company a market cap of £1.67 billion ($3.36 billion). The announcement coincided with news that Autonomy expects record second-quarter 2007 results, with pretax profit and revenue ahead of the top end of analysts' forecasts.


    Derek Brown, an analyst at London-based Seymour Pierce Ltd., noted that the market for electronic discovery has been fast-growing since the revised Federal Rules of Civil Procedure require businesses to make readily accessible all relevant information from unstructured data like e-mails.


    "The deal provides a unique offering in the market: a hosted service for archiving combined with the applications for customers to choose which route to go by," Brown said. "There's a good cross-selling opportunity here."


    Autonomy expects the acquisition to be earnings accretive in the first six months and generate costs synergies of about $25 million per annum. Tax loss carry-forwards will be assumed with a net present value of about $45 million, it added.


    Steve King, the target's CEO, will keep his position as chief executive of the Zantaz division of Autonomy.


    Deutsche Bank AG acted as financial adviser to Autonomy.


    The deal, subject to regulatory approvals, is expected to be completed by August. Zantaz has agreed to pay a $10 million breakup fee to Autonomy, should it terminate the agreement.

07 Aug 06

Wink

  • user-feedback-based search engine (better searching through social interaction and commentary) - mhedayat on 2006-08-07
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