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Yahoo Plucks Up Video Chat Company

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Dec 4, 2012, 1:39 PM by Eric M. Zeman

Yahoo today announced that it has acquired OnTheAir for an undisclosed sum. OnTheAir is a small start-up that launched its own video chatting service earlier this year. Yahoo said OnTheAir's small staff of five employees will be added to its mobile products and services group. The acquisition is the second led by CEO Marissa Meyer, a former Google executive, who has committed to shoring up Yahoo's mobile business.

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