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Yahoo (YHOO -0.2%) acquires Jybe, a startup that developed one of the many personalized...

Yahoo (YHOO -0.2%) acquires Jybe, a startup that developed one of the many personalized recommendation apps in existence. The purchase, which bears a strong resemblance to the Oct. acquisition of Stamped, is another acqui-hire: Jybe contains 5 ex-Yahoos, including former VP of search technology Amab Bhattacharjee. However, Yahoo also plans to use Jybe's personalization tech throughout its empire. Separately, BGC has downgraded Yahoo to Hold, citing the potential for new COO Henrique De Castro's sales restructuring to hurt near-term display ad sales.
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Comments (1)
  • James Sands
    , contributor
    Comments (2406) | Send Message
     
    What no OpenTable or Yelp.....both are too expensive at the moment and would command too high of a premium in my opinion.

     

    I'd assume around a $2 billion cost for either and neither is making $200 million in annual sales. Yelp isn't even profitable, and OpenTable is.
    20 Mar 2013, 11:53 AM Reply Like
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