Ask Jeeves is to focus on its web search business after selling its Jeeves Solutions enterprise software division to customer service software company Kanisa for $4.25m (£2.6m).
Under the terms of the agreement, Kanisa will acquire assets of Jeeves Solutions (which provides enterprise search systems), including the JeevesOne technology and its approximately 40 corporate customer accounts. The sale is expected to close in July.
"Our decision to sell Jeeves Solutions to Kanisa was reached after much consideration about the best growth strategies for both our web properties and enterprise software divisions," said Skip Battle, chief executive of Ask Jeeves.
"The opportunity to partner Jeeves Solutions with Kanisa creates a large footprint in the customer service software market and represents a major growth opportunity.
"At the same time, Ask Jeeves will now be in a position to focus entirely on pursuing the high-growth web-wide search market."
Bruce Armstrong, chief executive of Kanisa, said: "Our leadership in helping companies improve customer service across multiple support channels will be extended by incorporating the best customer-facing search technology in the market."
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