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Acquires RayV

12 Jul, 2014

Yahoo buys the video streaming platform RayV for an undisclosed amount. The company focuses on developing technology for delivering high quality broadcasts to a large number of people at once. An announcement is posted on the RayV website:

Our RayV adventure now comes to a pivot, and we couldn’t be more excited. We believe Yahoo will be a perfect fit for our people and capabilities, as Video and Mobile offerings are a central part of Yahoo’s vision.