#Tech: #Yahoo Paid $70M For #RockMelt To Improve Media Delivery
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Updated August 7, 2013 ● 442 views
Updated August 7, 2013 ● 442 views
Technology
via allthingsd.com
According to sources close to the situation, Yahoo paid $60 million to $70 million for social browser startup Rockmelt, with an aim of using its technology to turbocharge its myriad of media and mobile properties.
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I've never heard of Rockmelt but I think Marissa Meyer is doing a tremendous job as CEO of Yahoo.
Yahoo need to catch up big time at this age of social web. They are lagging behind google and Facebook.
Dagger · 11 years agopermalink · reply (0)