Yahoo acquires social video service Qwiki about

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Yahoo has announced the startup Qwiki to have taken over. Qwiki provides a video service where users make their videos can customize with color filters, to the videos then share it with others.

The acquisition of Qwiki by Yahoo published on his blog, where no further details verden given on the financial terms of the deal. It is known that the development team behind the Qwiki app will move to New York, to an office of Yahoo to go to work.

Qwiki provides a video service that allows users videos can share with others. It is also possible to have pictures and a video, where the Qwiki software for transitions. In addition, users can have their own music under the video. According to Yahoo remains the app available after the acquisition is completed. Qwiki is currently only available for iOS.

It is likely that Yahoo with the video service wants to do with social networking sites like Twitter and Facebook, which recently introduced its own service for sharing of short videos. Furthermore, Yahoo has for some time been engaged in a major reorganization: under the guidance of new ceo Marissa Mayer old software services and job cuts. In addition, Yahoo in a short time a number of companies, including the popular blogwebsite Tumblr.