Yahoo buys another mobile start-up

SAN FRANCISCO — Yahoo has bought another Silicon Valley mobile start-up as chief executive Marissa Mayer tries to create more compelling products for smartphones and tablet computers.

Tuesday’s acquisition of OnTheAir follows Yahoo’s recent purchase of a mobile start-up called Stamped. In both cases, Yahoo was drawn more by the engineering talent working at the start-ups than the services that they have been offering.


Yahoo Inc., which is based in Sunnyvale, Calif., did not disclose how much it paid for OnTheAir, of San Francisco.

The service enables users to hold online video chats in a talk-show format. Yahoo did not say whether it intends to continue OnTheAir’s service.

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Yahoo is in the process of closing Stamped’s service, just six weeks after announcing that deal.

Associated Press

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