Yahoo Invests In Right Media
Sunnyvale-based Yahoo announced today that it has made an investment in Right Media, which operates the Right Media Exchange, an online marketplace for advertising. Amount of the investment was not disclosed. Yahoo will acquire a twenty percent stake in Right Media, and also include its non-premium inventory in the marketplace. Right Media is backed by Redpoint Ventures.
posted on Tuesday, October 17, 2006 (Link to more information)
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