“Yahoo!” Planned acquisition of video service Qwiki




“Yahoo!” Planned acquisition of video service Qwiki

Company intends to “yahoo!” The acquisition of the company developed for the application of emerging Qwiki on the phones, “iPhone”, for an amount of $ 50 million, so according to All ThingsD site sources close to the company.

Site sources said that the talks between the “yahoo!” And the developer to Qwiki application which allows users to transfer photos, music and video to automatically short video films, are in advanced stages.

Experts believe that the desire of the American company behind the application of Qwiki is part of its quest to develop the services provided by the mobile devices, and create a series of daily-use applications, according to the saying.

Indicated that Qwiki company founded and run by a person named Doug Aambros, but co-founder with him, and he Luis Mounir is known as search engine AltaVista, after he left the company in 2011.

He also states that the company Qwiki got so far to $ 10 million by many investors, such as Lerer Ventures and Lightbank in addition to the co-founder in “Facebook”, Edward سافرين.

It should be noted that this acquisition that has, comes as part of a series of acquisitions by the company “yahoo!” Recently, where the company announced on May 20 last year announced the acquisition of Musna blogging quick “Templar” in exchange for U.S. $ 1.1 billion in cash, then it soon days from that date until the announced acquisition of a gaming platform PlayerScale.
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