also @ TechSpot: Mozilla brings near-native application performance to the web with asm.js

› ›

Yahoo acquires Maven Networks for $160 Million

By Justin Mann

On February 12, 2008, 8:25 PM

You might think a company that is on the verge of being swallowed up by another would not be on the lookout for new acquisition prospects. And yet that's the story with Yahoo that just today finished the takeover of a smaller online video company called Maven Networks, adding onto the suite of services offered by the online giant. It's an interesting move form Yahoo particularly since they have in recent history the shut down of Yahoo Photos (though they own the more popular and hip Flickr) and given up on online auctions.

Regardless, the $160 million that Yahoo is forking over for the company is a paltry sum compared to the billions that Microsoft offered to lay down for them last week.

No tags on this story

Post a comment

Post a new comment

Social Login & Guest Posting TechSpot Members
Login here or sign up for free,
it takes about a minute.
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.
TechSpot on:

Most Popular

Trending Featured
More Trending Topics

Featured on Mice

Downloads and Drivers

Downloads   Drivers  

KiTTY 0.62.2.3

mIRC 7.32

Actual Bookmarks 1.2

World of Warcraft Patch 5.3.0

Funny Photo Maker 2.4.1

More Downloads

Latest Discussion

Need a 5.1 speaker system with USB input 8 replies on Audio and Video

Upgrading my computer 7 replies on Processors and Motherboards

Nvidia geforce 315m? 5 replies on Audio and Video

Need advice for upgrade 5 replies on Audio and Video

Need advice on router-buy 8 replies on Storage and Networking

More Recent Discussion

Subscribe to TechSpot

Get free exclusive content, learn about new features and breaking tech news.