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Yahoo buys OntheAir

Yahoo buys OntheAir



OnTheAir is an app made for video chat and broadcasting. It has been acquired by Yahoo just 9 months after being launched.OnTheAir  lets people set up adhoc webinars that can be streamed live all over the internet by large audiences. This app made more than $880,000 on the past 9 months. Now Yahoo will try to compete with Google, Microsoft and Apple’s chat service in the future.  

Source: http://techcrunch.com/2012/12/04/yahoo-acquires-video-chat-startup-ontheair-to-compete-with-google-hangouts/

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