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November 20, 2006

Yahoo Acquires Sweden's Kenet Works For Its Mobilephone Software

Kenet-Client-My-page-6630.jpg
GigaOm is reporting that Yahoo has acquired Swedish startup Kenet Works for about €16.6M. The deal closed a few months ago, it said. Not much info on Kenet Works's website. However its software is sold to operators and it requires users to download a client to their phone to manage email, messaging, and other applications. No details on whether or not it is smartphone targeted or a mass market Javaphone product.
Read - Yahoo is on a spending spree (gigaom)

Posted on November 20, 2006 03:46 PM | Posted to News And Updates | Permalink

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