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Yahoo Acquires RayV to Improve Online Video Technology

“Yahoo has acquired RayV, a video streaming startup, the two companies announced Friday. Terms of the deal were not immediately disclosed.

RayV, which launched in 2005, develops software to stream HD quality video online and through mobile devices. The startup is based in Los Angeles, but with R&D operations in Tel Aviv. Most of its employees will be joining Yahoo’s R&D center in Israel.”

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