Two weeks, two acquisitions for tech giant Yahoo.
Fresh off its grab of social recommendation site Jybe, Yahoo announced it is snagging the mobile news reader Summly, created by 15-year-old Nick D’Aloisio.
Now 17, D’Aloisio agreed to a deal worth $30 million, according to All Things D.
“Our vision is to simplify how we get information and we are thrilled to continue this mission with Yahoo!’s global scale and expertise,” writes D’Aloisio on Summly’s website. “After spending some time on campus, I discovered that Yahoo! has an inspirational goal to make people’s daily routines entertaining and meaningful, and mobile will be a central part of that vision.”
As they did with Jybe, Yahoo will shut down the Summly app, which served as an elegant mobile news aggregator that emphasizes images similarly to apps such as Flipboard. However, Yahoo will incorporate Summly’s technology into their existing products.
“Mobile devices are at the center of how we engage with the people, experiences and interests we love,” says Adam Cahan, Yahoo’s senior vice president of mobile and emerging products, in a statement. “Across Yahoo, we’re focused on creating beautiful experiences that people are excited to use every day — products that inspire and delight.”
The acquisitions of Jybe and Summly appear to be part of a broader plan at Yahoo to create more personal experiences through their desktop and mobile platforms. The company introduced a redesigned Web page last month to create a simpler, more personal look.