Yahoo Acquires Xoopit
Xoopit has been acquired by Yahoo. Xoopit makes applications to help people share content over email. Yahoo plans to integrate Xoopit with Yahoo mail to help users organize and share photos they send and receive over Yahoo mail.
The amount of the acquisition was not disclosed but is rumored to be at around $20 million. Xoopit had raised $5 million from VCs.
Xooped won a Hack Day event at Yahoo last year for its email photo organization application. Xoopt powered My Photos is the third most popular application at Yahoo Mail.