Yahoo Has Acquired IntoNow TV Which is the IPhone Developer

According to foreign media reports, yahoo announced yesterday that the company had just completed an apple iPhone to mobile phone application developers IntoNow purchase. IntoNow is a California matteo paro Mr Figure city of start-up technology company, the establishment only 12 weeks, specifically for mobile devices based on the development of TV programs share application.

Sources said the purchase price in $20 million to 30 million dollars by 80%, yahoo will between cash and 20% of the equity form pays.
Reports say, IntoNow 7 people together with the core team joined the Internet company yahoo. By the IntoNow guy is still IntoNow products for the impulsive independent operation. The team next plan was to develop a paragraph as soon as possible for Android devices.

According to the acquisition, Reuters 26, IntoNow published the article says, developed this application is a kind of similar to Facebook and Twitter social platform, can let users share their favorite TV shows, this will help promote yahoo video and social business development.

The article says, by Google executives IntoNow before Adam kahn (Adam Cahan) was founded in January. In addition, Adam kahn was in the American media giant viacom\’s MTV company work.

\”Not only for the personal computer (PC) for mobile devices and for television, rely on the proportion of social channels found content will more and more big\”, yahoo is responsible for the senior vice President of product management, Bill szabics Shaughnessy in west (Bill) said.

The Associated Press reported that IntoNow is yahoo takeover in the traditional web portal to share information services increased one of many efforts. Currently yahoo are trying to make their users stay in its pages long again some time, rather than \”optional around\”.

The report also says, IntoNow launched application allows users to share their favorite commercials for yahoo video, it may open a release more ads \”gate\”. Currently yahoo revenue growth has been many other web site behind.

It is reported, founded IntoNow just a patent by using its enjoy SoundPrint technology for mobile phone iPhone launched based on the application of the TV guide. IntoNow the beginning of establishment of chose and MTV and PepsiCo cooperation, the latter will its advertisement setting in IntoNow promotes the application, which provides for IntoNow technology capitalization feasible scheme.

Since its inception, the company IntoNow attracted many family trait investment company and potential investors\’ attention. Sources said IntoNow chose to yahoo to sell himself, because IntoNow believe can depend on yahoo\’s influence in it launched its rapid expansion of mobile devices based on the application of the TV guide.

By last weekend, IntoNow user has reached 60 million a day on average 2.5 million, increased to 3.5 million TV programs and other video index.

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Author Bio: Himfr Mary a professianl writer from http://www.digital-supplier.com, it provides the high quality products, such as China Digital Photo Frame 2.4-3.5 Inch, China Touch Screen Tablet Notebook, Touch Screen Tablet Notebook, and many more.

Category: Business
Keywords: China Digital Photo Frame 2.4-3.5 Inch, China Touch Screen Tablet Notebook.

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