Yahoo! acquires SkyPhrase and Ptch
Yahoo! has continued their acquisition binge by snapping up a couple of startups in the last couple of days. Yahoo! has acquired a natural-language processing company called SkyPhrase and a video creation app called Ptch.
Yahoo!’s acquisition of SkyPhrase was undisclosed. SkyPhrase’s team of four will be joining Yahoo! Labs in New York. The SkyPhrase team will likely work on natural language processing features in Yahoo!’s search products.
Yahoo! has also acquired a video creation app called Ptch. Ptch will be shutting down on January 2nd, according to a company blog post. Ptch was founded by Ed Leonard and Hans Ku at the Dreamworks Animation incubator.