Cambridge, Mass. - Maven Networks, a privately-held provider of technology for advertising on Internet video, is about to be acquired by Yahoo (NASD: YHOO) for about $150 million, according to published reports. Meanwhile, on Friday, Microsoft (NASD: MSFT) launched an unsolicited $44.6 billion takeover bid for Yahoo.

Founded in 2002, Cambridge, Mass.-based Maven allows companies to tap new sources of revenue from Internet video advertising and syndication.

Its customers include CBC, CBS, CNET, Financial Times, Fox News, Gannett, Hearst, Scripps Networks, Sony BMG and TV Guide, among others.

Related Links:
http://biz.yahoo.com/paidcontent/080131/1_319377_id.html?.v=3

http://www.maven.net