• paidContent, Tuesday, March 1, 2011 11:54 AM

In the hopes of reinvigorating its brand and various product offerings, Yahoo spent a $159 million on investments and acquisitions in 2010, reports paidContent, citing a new 10-K filing. "The company does not say how that total was allocated, but it had said in a previous SEC filing that it had spent $114 million to purchase three companies during the first nine months of the year," according to paidContent.

"Its only buy set to close during the fourth quarter was its acquisition of ad startup Dapper, which suggests it spent $45 million to buy that company." Yahoo also spent over $90 million to buy "content farm" Associated Content, along with smaller sums on Citizen Sports and Indonesian social network Koprol. As paidContent points out, $159 million isn't a particularly large sum for Yahoo to invest in a year. In 2009, it dropped $194 million, while in 2008 it blew a whopping $240 million. Still, rumor had it that Yahoo tried to buy both Foursquare and Groupon in 2010, which would have surely broken the bank.

Read the whole story at paidContent »