Content management company Squiz has acquired
Funnelback, an Australian search firm spun off from the
Commonwealth Scientific and Research Organisation (CSIRO).
In a statement, Squiz managing director John-Paul Syriatowicz
pledged to keep Funnelback trading as a separate company, with its
own brand. "There will be no changes to company structure, staffing
or strategy," he said. However, he noted that Funnelback's search
solution would be closely integrated with Squiz's MySource Matrix
content management solution.
Syriatowicz said it made sense for the pair to come
"As organisations continue their inevitable move towards
browser-centric information management, powerful, fully-integrated
search will play an increasingly important role," he said. "I
believe 2010 will herald a fundamental shift in the content
management systems and search marketplace as clients and
vendors realise the two are inseparable. Trying to treat them as
discrete solutions simply doesn't work."
Squiz did not disclose how much it paid for Funnelback, which
was spun off as a CSIRO-owned company in early 2006. The search
group boasts the Federal Government, Oxfam and the Australian
Broadcasting Corporation amongst its customers.