Web 2.0 News

Insightful Corporation Sells InFact
Insightful Corporation (NASDAQ: IFUL), announced today the sale of its InFact search technology and associated intellectual property rights to Hypertext Solutions Inc. for $3.65 million in cash. Hypertext is a Seattle-based startup company focused on making information on the web more 'intelligent'. The transaction closed today.

Source: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070802006119&newsLang=en