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Yahoo! Inc. Acquires Jumpcut Video Sharing Mixing Software
posted by MR WAVETHEORY at 9/27/2006 06:10:00 PM
Yahoo! Inc. Search Blog (NASDAQ YHOO) just reported that Yahoo! has acquired Jumpcut. It goes to show that companies with great technology are always going to have a great exit.
Jumpcut just announced they've agreed to join us, which will make Yahoo! Video an even better place for people to create, share, and discover great video online. If you haven't heard of Jumpcut, it's a San Francisco-based startup that has a passionate community of users and a great suite of online video editing capabilities. JumpCut is very excited to join the team. They are bringing to Yahoo! Video a host of online video technologies:
We have worked hard to pioneer great online video editing technology that can truly enhance the online video world by enabling anyone to become a creator. Joinaing forces with Yahoo! Video will provide the resources to bring Jumpcut users and our partners more great social media experiences. As part of Yahoo! we’ll be working on bringing video editing and remixing to everyone with an Internet connection.Congratulations!