February 12, 2008 / 2:07 PM / 9 years ago

Yahoo buys Maven Networks for $160 mln

1 IN. DI LETTURA

Feb 12 (Reuters) - Internet company Yahoo Inc YHOO.O said it bought online video platform provider Maven Networks Inc for about $160 million.

Yahoo said the deal will help it expand consumer video and advertising on Yahoo.com and Yahoo's network of video publishers on the Internet. (Reporting by Varsha Tickoo in Bangalore; Editing by Amitha Rajan)

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