![]() The acquisitions of both GhostBird and Qwiki make sense as Yahoo wants to offer apps with new features to attract more users to its website.Īfter CEO Marissa Meyer took over the reins of the company, it has been quite active on the acquisition front. Yahoo also picked up GhostBird, a photography app-maker. Qwiki’s app is quite similar to Facebook's ( FB) Instagram, an app used for photo capture and sharing. After the closure of the deal, Qwiki’s employees will join Yahoo's mobile engineering team at its California headquarters. It also entered into a partnership with ABC News to create interactive stories for the news platform. It launched an app for iPhone wherein users could create movies from photos and videos stored on their phones. was founded by Doug Imbruce and Louis Monier in 2011. Financial details of the deal were not disclosed. for $50 million (reported by AllThingsD). ![]() ( YHOO) recently announced the acquisition of mobile app developer Qwiki Inc. ![]()
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