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Yahoo Buys Maven Networks for $160 Million
By Reuters
2008-02-12
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Yahoo Inc said it bought online video platform provider Maven Networks Inc for about $160 million.
(Reuters) - Yahoo Inc said it bought online video platform provider Maven Networks Inc for about $160 million.
Yahoo said the deal will help it expand consumer video and
advertising on Yahoo.com and Yahoo's network of video publishers on the
Internet.
(Reporting by Varsha Tickoo in Bangalore; Editing by Amitha Rajan)
Copyright Reuters 2008. All rights reserved. Users may download and print extracts of
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