Consolidation in the Web space continues under the backdrop of a deteriorating economy. It is providing cash rich companies with an opportunity to buy other businesses at a discount. It is a great time for companies to beef-up their product lines and in some cases, buy out their competitors for very little. Two such companies are Automony with purchased Interwoven and Ask.com which purchased Sendori.

Interwoven’s software helps employees manage Web content and legal documents and its customers include the world’s top law firms, governments, and companies such as Airbus, Fedex, HSBC, Royal Dutch Shell, and Microsoft. The acquisition will boost Autonomy’s presence in the U.S. and provide access to the growing legal-software market.

Ask.com’s purchase of Sendori provides it with next generation exchange for direct navigation search. What that means is Sendori sends qualified visitors from undeveloped Web domains directly to advertiser Websites. It is a play on domain parking.