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RightNow agrees to buy Q-go, boosts 4Q outlook

Software maker RightNow Technologies Inc. http://www.rightnow.com/ has agreed to buy the Dutch search engine Q-go.com BV for $34 million in cash, and lifted its outlook for the fourth quarter.

Q-go provides search engines that process common phrases to help visitors search corporate websites. RightNow’s main product helps companies manage customers’ questions and complaints.

RightNow said Q-go’s products and staff will expand its reach onto customers’ homepages.

The company, based in Bozeman, Mont., said Tuesday that sales of Q-go’s products will add $8 million in revenue in fiscal 2011. It will book charges of about $3.5 million per quarter on the purchase, or $14 million for the year.

Full Story: http://finance.yahoo.com/news/RightNow-agrees-to-buy-Qgo-apf-217733099.html?x=0&.v=1

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