Tuesday, March 26, 2013

Yahoo acquired the mobile news start-up Summly

According to Market Watch, the Internet company Yahoo acquired the mobile start-Summly, allows users of smartphones and tablets to find, read and share online news, as well as various information.

Financial terms were not officially disclosed, but according to some reports the purchase price somewhat higher than $ 1 million.

The peculiarity of this purchase is that the company Summly is 17-year-old British teenager Nick Di'Aloisio, who started making the application as early as age 15.

According to the blog post Summly, after a deal by the application and a small team of developers that support it will work for Yahoo.

Recall that last month Yahoo CEO Marissa Mayer said that Yahoo will move toward Internet-based services with deep customization for end users and intends to expand the number of applications of this focus, as well as attract new staff of programmers who specialize in customization services.

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