Yahoo acquires Xobni, aims for smarter contacts in its services (updated)

Yahoo acquires Xobni, aims for smarter contacts in its services (updated) data = {blogUrl: "www.engadget.com",v: 400};when = {jquery: lab.scriptBs("jquery"),plugins: lab.scriptBs("plugins"),eng: lab.scriptBs("eng")}; var s265prop9 = ('20648767' !== '') ? 'bsd:20648767' : ''; var postID = '20648767'; var modalMNo = '93312529', modalVideoMNo = '93320648', modalGalleryMNo = '93304207'; when.eng("eng.omni.init", {pfxID:"weg",pageName:document.title,server:"acp-ld39.websys.aol.com",channel:"us.engadget", s_account: "aolwbengadget,aolsvc", short_url: "",pageType:"",linkInternalFilters:"javascript:,",prop1:"article",prop2:"cellphones",prop9:s265prop9,prop12:document.location,prop17:"",prop18:"",prop19:"",prop20:"", prop22:"jon-fingas", prop54:"blogsmith",mmxgo: true }); adSendTerms('1')adSetMOAT('1');adSetAdURL('/_uac/adpagem.html');lab._script("http://o.aolcdn.com/os/ads/adhesion/js/adhads-min.js").wait(function(){var floatingAd = new AdhesiveAd("348-14-15-13f",{hideOnSwipe:true});}); onBreak({980: function () { adSetType("F");htmlAdWH("93312529", "LB", "LB"); adSetType("");}}); EngadgetMenu NewsReviews Features Galleries VideosEventsPodcasts Engadget ShowTopics Buyers Guides Sagas Store Hands On More Betterer HD Mobile Alt Announcements Cameras Cellphones Desktops Displays Gaming GPS Handhelds Home Entertainment Household Internet Laptops Meta Misc Networking Peripherals Podcasts Robots Portable Audio/Video Science Software Storage Tablets Transportation Wearables Wireless Acer Amazon AMD Apple ASUS AT&T Blackberry Canon Dell Facebook Google HP HTC Intel Lenovo LG Microsoft Nikon Nintendo Nokia NVIDIA Samsung Sony Sprint T-Mobile Verizon About UsSubscribeLike Engadget@engadgettip uswhen.eng("eng.nav.init")when.eng("eng.tips.init") onBreak({980: function () {htmlAdWH("93312530", "215", "35",'AJAX','ajaxsponsor');}});Yahoo acquires Xobni, aims for smarter contacts in its services (updated)ByJon FingaspostedJul 3rd, 2013 at 4:39 PM 0

Yahoo must be starting the summer with an acquisition spree: it bought Qwiki yesterday, and it's buying Xobni today in a deal that AllThingsD estimates is worth $30 million to $40 million. The acquisition gives Yahoo a developer with experience in creating automatic, connected address books -- a perfect fit for a web giant that has been revamping its email and social services. Neither of the new partners is talking about what they'll create together, although Xobni is no longer accepting new customers for its paid services and has pulled downloads for both Smartr Contacts on Android and Xobni for BlackBerry. It's a gentler transition than we've seen with other takeovers, although we wouldn't get too comfy when most of Xobni's services go dark after July 2nd of next year.

Update: Our colleagues at TechCrunch hear that the acquisition price may be over $60 million.

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Source: Xobni (1), (2)

More Coverage: AllThingsD

Tags: acquisition, AddressBook, android, blackberry, contacts, internet, ios, smartphone, smartrcontacts, xobni, yahoo

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