Yahoo Buys Maven Networks for $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
content from this website for their own personal and non-commercial use only.
Republication or redistribution of Reuters content, including by framing or
similar means, is expressly prohibited without the prior written consent of
Reuters. Reuters and the Reuters sphere logo are registered trademarks or
trademarks of the Reuters group of companies around the world.