Yahoo Acquires Video-Chat Company OnTheAir
Yahoo has acquired OnTheAir, a company whose product allows an unlimited number of users to participate in a live video chat.
Yahoo has acquired OnTheAir, a company whose product allows an unlimited number of users to participate in a live video chat.
Led by CEO Josh Schwarzapel, the small OnTheAir team includes alumni of Apple and Google, including one engineer who worked on Google+. Google has aggressively promoted the Google+ video-chat feature, Hangouts, which limits participants to 10.
However, the acquisition is focused on talent, rather than product. OnTheAir’s chat product, which had only reached the private beta stage, will be shut down.
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