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Verity buying FTP Software arm

The online search software vendor is expected to announce tomorrow that it is acquiring FTP Software's KEYview unit.

Verity (VRTY), which markets software for online searches, is expected to announce tomorrow that it is acquiring the KEYview unit of networking software company FTP Software (FTPS).

The announcement is expected to include Verity's plans for marketing KEYview, a technology FTP Software acquired several years ago and has used in its Explore software. Terms of the deal were not available this evening.

KEYview technology lets Internet users quickly view and print fully formatted files received over the Internet through email, browser, file transfer protocol (FTP), or Gopher. It can handle data from word processing programs and graphics, image, and spreadsheet files.

Meanwhile, Verity has been developing a combination of search and push technologies for company intranets.

Verity's IntelliServ for Search '97 uses advanced search and retrieval "agent" mechanisms to gather customized network information from multiple sources. It then pushes that data to network users' desktops.

Today's acquisition gives Verity a new platform for leveraging its search engine: the increasing amount of data being "broadcast" to desktops.