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Yahoo Officially Startup Acquisitions of Chinese origin Ztelic

  • Posted on February 26, 2017 at 3:20 pm

Yahoo is now led by Marissa Mayer has not quit to continue to develop the company. Several acquisitions were they doing. And now turn to a Chinese origin named Ztelic startup recently purchased by Yahoo.

Neither Yahoo nor Ztelic parties did not disclose to the public how much nominal money involved in the transaction. However, information on the step acquisition was officially inscribed in Ztelic site on Thursday (07/18/2013) local time.

In a statement, Ztelic say that they are very pleased to be joining the company at Yahoo. This acquisition was a step they refer to as a step forward and could give a positive value for the company. Especially at this time Yahoo has 700 million users.

Ztelic itself is a startup that develops software for analyzing and monitoring activity on social networks. This step was carried out Yahoo acquisition to increase investment in R & D. Interestingly, the founder of Ztelic Hao Zheng is one of the former R & D laboratory personnel Yahoo China and had developed a game for Zynga.