Yahoo! May Acquire Maven Networks For $150 Million+

Amit Chowdhry | Thursday January 31, 2008 | 1,203 views

Yahoo! and Maven Networks Logo
Yahoo! Inc. is rumored to acquire Maven Networks for over $150 million.  Yahoo! was also previously interested in acquiring Metacafe and previously acquired online video editing company, Jumpcut. 

Maven Networks is an Internet TV advertising platform.  Here is a sample of what they do:
http://www.mediamave.com/foodnetwork/

Maven Networks is based in Boston, Mass. Some of Maven’s clients include FOX, Scipps Networks, Sony, TV Guide, Gannett, Univision, USA Today, CBS, IBM, HGTV, Food Network, and CNET. 

Maven previously raised around $30 million in funding from Prism Venture Partners, Accel Partners, and General Catalyst Partners.  Maven Networks has a partnership with Comcast and had a former advisor that is now the CEO of Brightcove.

[Information Source: NewTeeVee and TechCrunch]

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Comments

  1. Microsoft Makes $44.6 Billion Offer For Yahoo!

    [...] Microsoft Corporation has made an offer to take over Yahoo! for a price of $31 per share, making it a total of $44.6 billion for an acquisition.  Yahoo! is currently trading at roughly $19-$20 per share.  This news comes shortly after Yahoo! was going to lay off 1,000 workers, Yahoo!’s former CEO Terry Semel was removed completely from the Board and Yahoo! was announced to be acquiring Maven Networks. [...]

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