Yahoo Paid $60M to $70M for RockMelt -- Will Dump Browser and Use Tech - Kara Swisher - News - AllThingsD

Rather pricey, as "acqhire" deals go

"According to sources close to the situation, Yahoo paid $60 million to $70 million for social browser startup Rockmelt, with an aim of using its technology to turbocharge its myriad of media and mobile properties.
The ambitious startup had not gained as much traction with its desktop browser as had been hoped since it launched several years ago to much attention, but it is hoped a link with the Silicon Valley Internet giant will give it a new energy."

Yahoo Paid $60M to $70M for RockMelt -- Will Dump Browser and Use Tech - Kara Swisher - News - AllThingsD