Yahoo acquires online video platform Maven Networks

Yahoo announced Tuesday that it has snapped up online video platform provider Maven Networks, in a $160 million deal.

What makes the transaction particularly interesting is that it comes as Yahoo is butting heads with Microsoft, which not so very long ago launched a $44.6 billion unsolicited bid for Yahoo. As the companies fight over Yahoo's proper valuation, add to the mix the Maven acquisition.

Yahoo!, Maven Networks, Online Video, Deal, Acquisition, Corporate News