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LookSmart, an Internet search company, yesterday announced the acquisition of Furl, a service that enables users to save a full-text copy of any page on the Web, then search and share that data.

LookSmart plans to maintain Furl.net as a free service, generating revenue from relevant sponsored listings on search and content pages. They also announced that the company will provide 5 gigabytes (GB) of storage for each user’s public archive, enough for tens of thousands of archived and searchable items. Terms of the acquisition were not disclosed.

“Furl’s technology and desktop toolbar are a perfect fit with LookSmart’s search strategy,” said Kevin Krim, vice president of Web properties for LookSmart. “Similar to our
parental control software product Net Nanny and our FindArticles service, Furl.net helps people search and interact with high-quality sets of data specific to their needs.”

“Until now, the only way you could save a permanent copy of a Web page was to print it out, save it to your desktop or email a copy of it to yourself,” said Mike Giles, founder of Furl.net. “With Furl, you can easily save any page and then find it again instantly by searching the full text of your personal archive.”

Accordinf to Furl , members can save copies of online articles, product information, electronic receipts, favorite web sites and other interesting pages. Members can then instantly search their personal archive and the entire Web, through the Furl toolbar or directly at Furl’s website.