Yahoo! buys online video chat startup OnTheAir

Dec 04, 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: Yahoo buys mobile-app developer Stamped

add to favorites email to friend print save as pdf

Related Stories

Yahoo to exit South Korea by end of year

Oct 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.

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.

Recommended for you

Canada trying to lure Silicon Valley tech workers

May 17, 2013

(AP)—The Canadian government is trying to lure Silicon Valley tech workers who are frustrated by U.S. visa policies, just as Congress wrestles with a long-sought overhaul of America's immigration system.

Bloomberg appoints ex-IBM CEO as privacy adviser

May 17, 2013

(AP)—Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards.

Apple, US lawmakers in offshore tax showdown

May 17, 2013

Apple and US lawmakers are gearing up for a showdown over taxes—specifically how to deal with the huge stockpile of cash held by Apple and other multinational firms offshore.

Yahoo! sets event amid Tumblr talk

May 17, 2013

Yahoo! scheduled a news conference Monday amid reports it was in talks on with the popular blogging platform Tumblr about an acquisition or strategic alliance.

Tableau Software soars in trading debut

May 17, 2013

(AP)—Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.

User comments : 0

More news stories

Morocco to harness the wind in energy hunt

Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in 2014.

US seizes Bitcoin operator accounts

US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

Galaxy's Ring of Fire

Johnny Cash may have preferred this galaxy's burning ring of fire to the one he sang about falling into in his popular song. The "starburst ring" seen at center in red and yellow hues is not the product of ...

US psychiatry gets makeover in new manual

The latest makeover to a massive psychiatric tome honored by some, reviled by others and even called the "Bible" of mental disorders is being released Saturday with a host of new changes.