INQUIRER.net: Yahoo buys social Web browser maker Rockmelt

INQUIRER.net Philippine News for Filipinos

Yahoo buys social Web browser maker Rockmelt Aug 3rd 2013, 00:59 SAN FRANCISCO — Yahoo has acquired Rockmelt, a U.S. startup that built a Web browser tied to Facebook's social network.   Terms of the deal announced Friday weren't disclosed. It's the 20th acquisition that Yahoo Inc. has completed since Marissa Mayer became the company's CEO nearly 13 months ago.   Rockmelt has raised about $40 million from venture capitalists and other investors since its inception. That makes it likely Yahoo had to be above that amount to buy Rockmelt.   Most of Yahoo's purchases have been for relatively small amounts of money. There has been one notable exception: Yahoo's $1.1 billion acquisition of Internet blogging service Tumblr.... Keep on reading: Yahoo buys social Web browser maker Rockmelt Media files: yahoo.jpg (image/jpeg)

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