Yahoo Acquires Tiny Mobile Video Chat Startup Ontheair



Yahoo acquired in October commendation app called Stamped. The attainment was Yahoo's first after Marissa Mayer took accusation as CEO of the company. The Stamped product  iPhone app that lets people keep track off and commended things like restaurants and books will, though, be suspended by the end of this year, and users have been recommended to download their data from the website.

Continuing CEO Marissa Mayer's march toward all things mobile, Yahoo has obtained tiny mobile video chat startup OnTheAir.

Yahoo instant up the San Francisco looked startup today, the five member of Staff Company broadcasted on its official web site. Yahoo incorrigible the achievement, its second since Mayer took over as chief administrative this past July.

The company note down."When we first met with the team at Yahoo, it was clear that everybody there is committed to making mobile products the backbone for the world's daily habits."

"Our top priority is a focused, coherent mobile strategy," she said for the period of a quarterly earnings conference call, toting up that one half of the company's technical occupation force will one day be functioning on mobile.

Like its "acqu-hire" of Stamped, this attainment appears to be geared more toward snagging engineering talent than technology. In addition to one former Google employee, OnTheAir's team includes former employees of Apple and instant messaging service Meebo.

"Hiring the most talented mobile product thinkers and engineers is a big priority for us moving forward," Adam Cahan, Yahoo's senior vice president of emerging products and technology, told in a statement.

The mobile market is growing speedily, and Mayer has said the space is integral to Yahoo's future expansion.

Neither company exposed the financial terms for the gaining of OnTheAir, which lets users manner video chats in talk show format. Yahoo also did not say whether it would suspend the service, as it did with Stamped, a recommendations engine built by previous Google colleagues of Mayer that Yahoo acquired in month of October. 
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