Yahoo Buys Maven Networks for $160 Million

 
 
By Reuters -  |  Posted 2008-02-12
 
 
 

(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)

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