Yahoo! Acquires Recommendation Startup Jybe
Yahoo! has acquired a personalized recommendation company called Jybe. Jybe is a startup that was founded by five former Yahoo! employees. Jybe helps people find new interests based on trends from their social circles. The financial details of the acquisition was not disclosed.
Jybe will be shutting down, but the team is going to make it possible for users to download their data. Yahoo! will utilize the team’s data management experience to “supercharge” their efforts on building great products.
The five employees include:
– Arnab Bhattacharjee
– Tim Converse
– Christian Kunz
– Sameer Paranjpye
– Karthik Krishnamurthy