Internet company Yahoo acquired two companies, working in a segment of mobile business. Startup Qwiki, which developed iPhone-application allowing users to convert photo, music and video into short video recorders, and Startup Bignoggins Productions were purchased for not public sums of money.
These purchases continue acquisition focused on socialization of Yahoo functionality. In the last few weeks Yahoo purchased a number of companies including Tumblr, Bignoggins and others.
Yahho will continue supporting Qwiki application, and its New-York design team will cooperate with Yahoo. Bignoggins` engineers will add Yahoo design team in the sphere of mobile products.