Yahoo! on a shopping-spree…

Friday, November 17th, 2006

several deals got public within the past 24 hours:

  • acquisition of swedisch mobile service company Kennet Works earlier this year got confirmed on GigaOM today. Kennet Works seems to work on ‘mobile real-time communities’. there’s not really any info on their product Kennet Community Connect on their website, however.
  • karaoke & video-contest site Bix became a Yahoo!-property today as well. not much to say about the product, other than it’s probably a good match with online video-editor jumpcut, also acquired by Yahoo! few months ago.
  • MyBlogLog, social networking site for bloggers (earlier report) has been acquired by Yahoo! today. is in early acquisition-talks with Yahoo! rumours evaluate the deal near the us$ 10mio-mark which - imho - seems not to bad for a company that young. however I agree with a commenter at TechCrunch, claiming that they would probably have made a much better price in a year from now.

update: looks like the MyBlogLog-deal was a false positive, fervently spread but nontheless wrong.