SHARE
Facebook X Pinterest WhatsApp

Yahoo Buys Video App Qwiki

Yahoo is continuing to purchase smaller companies. Its latest acquisition is Qwiki, a company that makes a video creation app for the iPhone. PCMag’s Stephanie Mlot reported, “Yahoo has made yet another acquisition: iOS movie-making app Qwiki. The startup combines social video sharing with filters, transitions, soundtracks, and text to create ‘stories’ out of everyday […]

Jul 3, 2013
Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

Yahoo is continuing to purchase smaller companies. Its latest acquisition is Qwiki, a company that makes a video creation app for the iPhone.

PCMag’s Stephanie Mlot reported, “Yahoo has made yet another acquisition: iOS movie-making app Qwiki. The startup combines social video sharing with filters, transitions, soundtracks, and text to create ‘stories’ out of everyday moments.”

Terms of the deal were not disclosed, but according to All Things D’s Kara Swisher, “ATD had reported a $40 million to $50 million price tag, which sources said was in the correct range.”

The Telegraph’s Olivia Goldhill noted, “Yahoo has focused on expanding its mobile software since Marissa Mayer was hired as CEO a year ago. In total, Yahoo has acquired 15 companies since Mayer was hired, including three since May, when it bought blogging service Tumblr for $1.1billion (£730m). Earlier this week, Yahoo acquired Bignoggins Productions, a mobile app for managing fantasy sports teams on iPhones.”

Bloomberg’s Douglas MacMillan added, “Qwiki’s app will continue to be supported and its employees will move to Yahoo’s New York offices, the Sunnyvale, California-based company said in a statement yesterday.”

  SEE ALL
ARTICLES
 
CH

Cynthia Harvey is a freelance writer and editor based in the Detroit area. She has been covering the technology industry for more than fifteen years.

Recommended for you...

What Is Sentiment Analysis? Essential Guide
11 Top Data Collection Trends Emerging In 2024
Kaye Timonera
Feb 8, 2024
6 Top Data Classification Trends
Avya Chaudhary
Oct 13, 2023
7 Data Management Trends: The Future of Data Management
Mary Shacklett
Aug 2, 2023
Datamation Logo

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.