Yahoo! has acquired snip.it, a digital scrapbooking site.
This is the third acquisition since Marissa Mayer became CEO last 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. In December Yahoo! acquired video chat company OnTheAir. Both the previous acquisitions were made by Yahoo’s mobile group.
Terms of the deal were not disclosed. AllThingsD reported that “Yahoo is paying “mid teens” of millions of dollars for the company”
See the announcement at snip.it’s website here.
USA, Sunnydale, CA
Related articles:
- Yahoo! acquires video chat company OnTheAir Posted on December 10, 2012
- 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
You must be logged in to post a comment.