Source: Yahoo Bought Aviate For $80M

By Anthony Ha

aviate

Earlier this week, Yahoo announced that it had acquired Aviate, a startup providing contextually relevant information on Android homescreens, but it didn’t say anything about the acquisition price. Now a source with knowledge of the deal tells me that the acquisition was for $80 million.

My source didn’t know any of the details beyond the amount — the mix of cash and stock or how much of the total is tied to an earn out, for example. Regardless, that’s an impressive price for a young startup that raised a $1.8 million Series A (from Highland Capital, Andreessen Horowitz, and …read more

Source: TechC