Yahoo Buys Virtual Worlds Gaming Company Cloud Party

CommanderFrank

Cat Can't Scratch It
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May 9, 2000
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Yahoo is back in acquisition mode, recently acquiring Cloud Party, a two year old startup specializing in virtual worlds games play.

Cloud Party appears to be another “acqui-hire” for Yahoo, netting it a talented pool of gaming developers who could improve Yahoo’s own gaming offerings or build new ones.
 
They needed a new purchase to appear as if they are doing something other than circling the drain
 
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