View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
December 6, 2012

Yahoo acquires video chat company OnTheAir

CEO Marissa Mayer continues her revamp of company

By CBR Staff Writer

Yahoo has acquired San Francisco-based video chat start-up company OnTheAir for an undisclosed sum. The move will help it compete with the likes of Skype and Google+ Hangouts as CEO Marissa Mayer continues her revamp of the technology giant.

The acquisition of OnTheAir is expected to help Yahoo develop and offer video chat apps for smartphones and tablets.

OnTheAir said in a statement that the company will be a good fit with Yahoo because of its focus on mobile, which is something Mayer has admitted Yahoo struggles with.

"When we first met the team at Yahoo, it was clear that everybody there is committed to making mobile products the backbone for the world’s daily habits. All in all, it’s a fascinating time to be joining Yahoo," the statement said.

Yahoo’s latest deal follows last month’s acquisition of mobile app Stamped, which the company reportedly acquired for $10m. Founded in 2011, Stamped offers a mobile app and website that allows users to share their recommendations with fellow users about restaurants, music, books and other things.

Content from our partners
Powering AI’s potential: turning promise into reality
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.