TELECOM Digest OnLine - Sorted: Yahoo Buys Information 'Widget' Company Pixoria


Yahoo Buys Information 'Widget' Company Pixoria


News Wire (newswire@telecom-digest.org)
Mon, 25 Jul 2005 19:05:38 -0500

Yahoo Inc. said on Monday it bought Pixoria, a company that provides
small, downloadable programs that let computer users quickly get
up-to-the-minute information, such as stock quotes and weather reports
without using a Web browser.

Terms of the sale, which closed July 19, were not disclosed. The
products, which also include such things as an alarm clock and a
launching pad for Web searches, are available free at
http://widgets.yahoo.com/.

The move comes as Yahoo and chief rival Google Inc. (Nasdaq:GOOG - news)
open their networks to independent developers, whose program tweaks at times
move technology forward or result in popular products.

Pixoria, is the developer of the Konfabulator engine that builds small
desktop applications to help users access Web content and other information
from their desktops. The programs are built on an open platform, which
allows developers to write specialized programs.

The company's three employees are joining Yahoo as full-time employees.

Shares of Yahoo were up 11 cents at $33.64 in mid-day trading on
Nasdaq.

Copyright 2005 Reuters Limited.

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