Yahoo acquires video chat company OnTheAir

App Dev and SOA

by CBR Staff Writer| 06 December 2012

CEO Marissa Mayer continues her revamp of company


Yahoo has acquired San Francisco-based video chat start-up company OnTheAir for an undisclosed sum. The move will help it compete with the likes of Skype and Google+ Hangouts as CEO Marissa Mayer continues her revamp of the technology giant.

The acquisition of OnTheAir is expected to help Yahoo develop and offer video chat apps for smartphones and tablets.

OnTheAir said in a statement that the company will be a good fit with Yahoo because of its focus on mobile, which is something Mayer has admitted Yahoo struggles with.

"When we first met the team at Yahoo, it was clear that everybody there is committed to making mobile products the backbone for the world's daily habits. All in all, it's a fascinating time to be joining Yahoo," the statement said.

Yahoo's latest deal follows last month's acquisition of mobile app Stamped, which the company reportedly acquired for $10m. Founded in 2011, Stamped offers a mobile app and website that allows users to share their recommendations with fellow users about restaurants, music, books and other things.

Comments
Post a comment

Comments may be moderated for spam, obscenities or defamation.

Join our network

754 people like this.
0 people follow this.

App Dev and SOA Intelligence

Suppliers Directory


See more
Privcy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.