Yahoo! announced today it will acquire Online Anywhere, a software maker that delivers html to non-PC devices, for $80 million in stock. Yahoo! wants their web services on everything, TVs, PDAs, cell phones, etc. This is a start.
Web portal Yahoo said today that it acquired Online Anywhere, a maker of software that delivers the Internet to non-PC devices such as televisions, personal digital assistants, or data phones, for stock valued at $80 million. "Online Anywhere is consistent with our Yahoo Everywhere strategy…we've acquired the best in the business to ensure that consumers can get their Yahoo anywhere, anytime," Yahoo chief executive Tim Koogle said in a statement.The acquisition extends a relationship that began in April, when Santa Clara, California-based Yahoo struck a deal with Online Anywhere to use its services to format content for delivery to non-PC devices. Online Anywhere's technology automatically reformats and delivers Web pages to non-PC devices using the HTML programming language. The technology makes conversions that eliminate the need for separate Web pages for each device. - News.com
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