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"Accoona, the artificial intelligence search engine, has filed for an IPO. \nThe New Jersey-based company has not named a number for how much it's expecting to get, but the proposed maximum offering price would be around  $80.5 million. This would be used for R&amp;D, business expansion and other corporate purposes.  The proceeds may also be used to invest in similar companies and technologies.  \nMost of Accoona's revenue comes from its e-commerce business, which operates in North America.  It's online lead generation and search engine services are used in the US, Europe and China.  Its search technology was hailed as a viable competitor to other major search engines such as Google, when it launched its Internet service a few years ago.  Accoona's attempt at differentiation is that of its semantic search, incorporating the meaning of words into your queries, allow you to further filter your search results based on your highlighted keywords, and will revise information in real time, offering relevant data such as fax and phone numbers, addresses, etc. for particular information you look up.\n[via]"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2007/08/05/accoona-ipo/>