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Yahoo Acquires Web-based Video Editing Software Firm Jumpcut

Authored by Mark Hefflinger on September 28, 2006 - 1:48pm.
Sunnyvale, Calif. - Yahoo announced that it has acquired Jumpcut, a developer of online video editing tools. Financial terms of the deal were not disclosed. Launched earlier this year, San Francisco-based Jumpcut offers a Web-based application that lets users make basic edits and add some professional features to personal videos, often before uploading them to blogs or video-sharing sites like YouTube.
tags: Deals | Internet | Video | Tech | Yahoo | Acquisitions | Software | Portals | UGC | Jumpcut |