Monday, November 08, 2004

Google and Reed call ceasefire

News & Markets: "Publisher Reed Elsevier, which owns paid-for serach egine LexisNexis, has called a truce with free archrival Google.

The pair are discussing joint ventures. The first provides users of Reed's Kellysearch business information website with Google's links to advertisers.

Reed lost customers to Google as subscribers tried to get the same information they found on LexisNexis without paying for it. But chief executive Sir Crispin Davis says the company has won many of them back...."

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