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Yahoo has acquired the company behind one-year-old mobile recommendations app Stamped, its first since ex-Google exec Marissa Mayer became CEO of the company in July.
The acquisition was purely for talent: Stamped’s nine-person team — of which five are ex-Google employees — will be joining a new mobile product team to be established in New York under the leadership of Stamped’s three co-founders, I’m told. Stamped’s iPhone and web app will both be discontinued by the end of the year.
Report: Yahoo Acquires Mobile Recommendations App Maker, Stamped [mashable.com]
