Tuesday, June 30, 2009

Yahoo expected to shut down Maven Networks - Mass High Tech Business News

More evidence Yahoo is focusing on fewer things

Less than 18 months after it was acquired by Yahoo Inc., online video hosting and distribution company Maven Networks Inc. is being shut down, according to online reports.
The Cambridge-based company’s products will no longer be supported by Yahoo after 2010, according to website TechCrunch, which cites an unnamed Maven customer.
Yahoo acquired Maven in February of 2008 for $160 million.

Yahoo expected to shut down Maven Networks - Mass High Tech Business News

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