4 Mergers and Acquisitions Stock Stories Making Waves
Yahoo Inc. (NASDAQ:YHOO): Current price $29.67
Yahoo said Thursday that it acquired the Beijing-based Ztelic Technology, which specializes in data analysis from social websites, but the purchase price was not reported. Ztelic offers services like social network-based hiring, online network management, and third-party data analysis, and was founded by former Yahoo U.S. senior Web architect Zheng Hao. Zheng at one time served as the chief Web architect for Yahoo’s global research and development institute in Beijing, and also as the chief tech officer at the online game maker Zynga. Following the close, he will serve as the vice president of Yahoo’s Beijing research center.
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