Yahoo! buys online video chat startup OnTheAir

December 4, 2012
The Yahoo logo is displayed in front of the Yahoo headqarters in July 2012 in Sunnyvale, California. Yahoo! said it had acquired a small startup specializing in broadcasting video chats or interviews to online audiences.

Yahoo! said Tuesday it had acquired a small startup specializing in broadcasting video chats or interviews to online audiences.

Financial terms of the deal to buy OnTheAir were not disclosed but Yahoo! said the five members of the young company would join the Internet veteran's mobile technology team.

"Hiring the most talented mobile product thinkers and engineers is a big priority for us moving forward," Yahoo! senior vice president of emerging products and technology Adam Cahan said in an email response to an AFP inquiry.

"We can't wait to work with (the OnTheAir team) to create the best possible mobile experience for our users."

San Francisco-based OnTheAir launched in March with an application that lets people host online talk shows with the twist that hosts can bring audience members "onstage" in the form of split-screen chats broadcast for all to see.

Yahoo! snapping up OnTheAir created the potential for the Sunnyvale, California firm to field a challenge to the popular Hangouts group video chat feature at Google's online social network or enhance mobile gadget services.

OnTheAir announced at its website that Yahoo! had bought the company.

"While we haven't yet attained our dream of building a widespread daily use product, we are just as committed to it," the OnTheAir team said in a message on its website.

"And this is why we're so excited to be joining Yahoo!...everybody there is committed to making mobile products the backbone for the world's daily habits."

Explore further: Briefs: AT&T, Cingular, Yahoo! in mobile info deal

Related Stories

Yahoo! ditches digital newsstand for iPads

May 25, 2012

Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble.

Yahoo to exit South Korea by end of year

October 19, 2012

(AP)—Yahoo Inc. said it will close its South Korean web portal and an Internet advertising business, cutting its losses in a market where it has struggled for over a decade.

Recommended for you

IROS 2015: Thermobot feels the heat and walks (and walks)

October 7, 2015

Takeru Nemoto and Akio Yamamoto of University of Tokyo have presented a bipedal walking robot which is driven by constant heating. No sensors. No actuators, said Even Ackerman in IEEE Spectrum. Just a hot surface will do ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.