Yahoo reportedly paid about $48 million in cash for address book app and plugin maker Xobni. The acquisition-happy Yahoo “has promised (Xobni’s) staff of 32 many millions more in stock for
earn-outs if they stay at the company for several years,” AllThingsD reports. AllThingsD had previously suggested that the acquisition price was closer to $40 million.
Read the whole story at AllThingsD »
