Yahoo! Acquires Ztelic

Yahoo! (Nasdaq: YHOO) has acquired Ztelic, a Beijing, China-based startup focused on analyzing social network data.

The amount of the transaction was not disclosed.

Led by by Hao Zheng, Ztelic provided a platform, which leveraged natural language processing, data mining, machine learning, large-scale information retrieval, and analysis to provide real-time, customized, and comprehensive social information.

Following the deal, the team will join Yahoo!’s research and development team in Beijing. The company’s solution will not be longer available.

FinSMEs

19/07/2013

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