Yahoo’s latest acquisition will bring image-recognition technology to its Flickr service for sharing photos.
The
Internet company is getting the new tools and expertise through its
purchase of a startup called LookFlow. Financial terms of the deal
announced on Wednesday weren’t disclosed.
It’s a
small acquisition, as have been most of the more than 20 deals that
Yahoo has completed since hiring Marissa Mayer as its CEO 15 months
ago. The one exception was the Internet blogging service Tumblr, which
cost Yahoo Inc. $1.1 billion earlier this year.
Yahoo is picking up five LookFlow engineers in its latest deal.
Ms.
Mayer, a former Google Inc. executive, has been particularly
interesting in snapping up startups with expertise in making
applications for smartphones and tablets.
No comments:
Post a Comment