Marissa Mayer’s shopping spree continues as Yahoo today announced it has acquired web browser company Rockmelt. While the terms of the deal weren’t made public, Rockmelt seems to be a good fit in Yahoo’s attempt to be a mobile first company under Mayer. Rockmelt was started in 2009 with an aim to improve web browsing and launched a desktop browser in 2010. It followed it up with an iOS app that let users browse the Internet without having to enter a URL. The company had raised $40 million from Andreessen Horowitz, Accel Partners, Khosla Ventures, First Round Capital and industry legends Bill Campbell, Ron Conway and Diane Greene. Rockmelt says that the apps and web browser will be shut on August 31 and users can export their data before that. Also Read - WhatsApp tips & tricks: How to download someone else’s WhatsApp Status videoAlso Read - Free Fire download on PC: How to play Free Fire on desktop for free
“The parallels between Yahoo! and Rockmelt are obvious: we share a common goal to help people discover the best personalized content from around the web. We can t wait to integrate the Rockmelt technology into our platform as we work to deliver the best experiences to our users in new and exciting ways,” Yahoo’s Mike Kerns and Adam Cahan said in a statement. Also Read - This app gets over 10 billion downloads on Google Play store
Rockmelt is the 21st acquisition Yahoo has made under Mayer’s leadership. Yahoo yesterday announced the acquisition of Lexity, an ecommerce platform and had last month acquired contact management service Xobni. It also acquired Qwiki and fantasy sports app Bignoggins in July. In June it acquired Ghostbird and Rondee. The biggest acquisition, however, happened in May, when Yahoo acquired Tumblr for a reported $1.1 billion. Other key acquisitions include Astrid and Summly.
UPDATE: ATD is citing sources that the deal was valued at between $60-$70 million.