Yippy, Inc. (YIPI)

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Vivisimo's Velocity search system has long been admired in the search industry for its clustering algorithm and capability. The Velocity search system was acquired by Yippy in May 2010 from Vivisimo, Inc. Vivisimo itself was acquired by IBM earlier this year. As part of the purchase, Yippy acquired from Vivisimo-IBM a transferable, unlimited lifetime perpetual license for Velocity for Web-based search applications. Velocity is an extremely capable enterprise search software solution with patented clustering methods. IBM currently holds a 10% stake in Yippy. The combination of Velocity and MuseGlobal's connector technology make Yippy-MuseGlobal well positioned to take advantage of the emerging market for unified information access solutions. In addition to this move, on June 4, 2012, Yippy announced that it was acquiring Macte!
Labs, a leading developer of dynamic toolbars and Web applications for vertical search and client communication applications located in Vancouver, British Columbia, Canada.