Yahoo Bought Aviate for $80M according to Techcrunch

Untitled-2As a follow up to my previous story, Techcrunch is reporting that Yahoo purchased the mobile startup Aviate for approximately $80M.

“My source didn’t know any of the details beyond the amount,” Techcrunch Anthony Ha reports, “…that’s an impressive price for a young startup that raised a $1.8 million Series A (from Highland Capital, Andreessen Horowitz, and others) less than a year ago. (It was also incubated at StartX.)”

Yahoo is currently declining to comment, but regardless, this falls right in line with Mayer’s acquisition-happy behavior as the new CEO of the portal giant, so it should come to no surprise to anyone.

Mayer’s new hashtag: #swingforthefences.

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