And despite its elegant delivery, that's a very high price, especially since Summly has been downloaded slightly less than one million times since launch â€" after a quick start amid much publicity over its founder â€" with about
The Summly app will close down and the technology will be integrated into Yahoo's mobile platform. Yahoo is marching ahead with its plan to acquire struggling start-up companies. Its recent purchases include Stamped, a mobile review app maker; OnTheAir
Yahoo! said in a statement: "We're excited to share that we're acquiring Summly, a mobile product company founded with a vision to simplify the way we get information, making it faster, easier and more concise." "At the age of 15, Nick D'Aloisio
Yahoo! has picked up the pace on pretty much everything since Marissa Mayer became CEO, especially mobile acquisitions. Today, it announced the acquisition of mobile news gathering and delivery startup, Summly.
2 years of work. A $30 million offer. Just 17 years old.
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