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Venture Capital
by tj on December 10, 2004
Yahoo has acquired WUF Networks for an undisclosed amount reports Cnet. Although you may think so the newly aquired company does not sell dogfood. Instead they deliver solutions to distribute content to mobile phones:
Sounds interesting - the company had planned to build on three applications of the technology:
"By leveraging WUF Personal Networking solution, you can offer your customers ubiquitous connectivity to their digital content. Let their devices automatically discover one another. Let them access all of their content remotely. Let them give their loved ones instantaneous access to their content. Let them experience this new lifestyle through you and you'll see significant usage, adoption and retention in your products and services."
Sounds interesting - the company had planned to build on three applications of the technology:
"Photos To Go.
A solution that allow your consumers to access their digital
photos from any Internet access devices such as PCs, mobile
phones and media centers.
Mobile Tunes. This solution will
allow your consumers to stream their digital music from their PCs (or
other internet access device) to their mobile phones.
Personal Network Community.
A solution that allows your consumers to participate in a virtual
community to post their Multimedia journals."
Quick snap - I wonder on what Yahoo based the valuation (peer group?).
Permalink: Yahoo buys WUF Technology
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/4318
Mr Wong
Vote for Yahoo buys WUF Technology:
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Rating: 6.00 out of 1 vote(s) cast.
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Response from:
Komodo
(12/11/04 6:42am)
What a great concept! I need that solution today. I wonder what WUF stands for?
Response from:
Llama
(12/11/04 6:51am)
Saw their demo at CES this year...man, they have an amazing product. On of the founders is really cute as well.
Response from:
Frog
(12/11/04 6:58am)
Inside word is that they have a real talented team. Saw them at CES this year as well, really young guys. i too have seen their demo...man, its like a peek into the future. I can't wait for Yahoo to introduce their product!!!
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