Yahoo Grabs Video Chat Startup OnTheAir
Continuing its push to buy up mobile talent, Yahoo has acquired mobile video startup OnTheAir. The company’s platform allows anyone watching a live stream to video chat with a host in front of an online audience. Under the deal, the five-person team behind OnTheAir will join Yahoo and shut down its own offering which they acknowledged in a post today had never gained the “widespread daily use” they envisioned.
“Hiring the most talented mobile product thinkers and engineers is a big priority for us moving forward. Abel, Dan, Erik, Josh, and Mike are a great addition to Yahoo!, and we can’t wait to work with them to create the best possible mobile experience for our users,” said Adam Cahan, SVP of emerging products and technology at Yahoo, in a statement.
The move follows Yahoo’s October acquisition of the 10-person team that created mobile recommendations app Stamped to bolster its mobile development efforts under new CEO Marissa Mayer, who has made mobile a central focus of the company’s growth strategy. With that in mind, expect more deals to snap up mobile talent from Yahoo.