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Feb122008

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.

Full Article

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

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