Reuters is reporting that, Yahoo! has acquired video chat company OnTheAir. Terms of the deal were not disclosed.
A Yahoo! spokeswoman said that Yahoo! had not plans to offer OnTheAir’s existing product, which lets Web users host live video conversations and was launched in March.
This is the second acquisition for Yahoo’s mobile group since Marissa Mayer became CEO earlier this year. In October, Yahoo! acquired Stamped, a New York-based mobile startup that allows consumers to share information about favorite restaurants and music on their smartphones.
Mayer, a former Google Inc executive, has said that her top priority is to create a coherent mobile strategy for Yahoo! and that she intends for at least half of the company’s technical workforce to be working on mobile products.
See the announcement at OnTheAir’s website here.
USA, Sunnydale, CA
Related articles:
- Yahoo! to acquire interclick Posted on November 7, 2011
- Yahoo! for sale? Posted on September 19, 2011
- Yahoo! to acquire 5to1 Holding Corp Posted on May 29, 2011
- YouTube founders acquire Delicious From Yahoo! Posted on April 29, 2011
- Yahoo! acquires IntoNow Posted on April 29, 2011
- Yahoo in talks to sell its share of Yahoo Japan for $8 billion Posted on March 2, 2011
- Yahoo! to sell Delicious Posted on December 18, 2010
- AOL exploring a breakup of the company and merger with Yahoo Posted on December 7, 2010
- Yahoo! buys Koprol Posted on May 25, 2010
- Yahoo! to acquire Associated Content Posted on May 19, 2010
- Yahoo! to acquire Citizen Sports Posted on March 17, 2010
- Monster Worldwide acquires the assets of Yahoo! HotJobs for $225 million Posted on February 4, 2010
- The Yahoo!/Maktoob acquisition deal has officially closed Posted on November 12, 2009
Fusion Corporate Partners 