Yahoo (NSQ: YHOO) acquisition of e-mail and address book, the Internet company's management application Xobni's third acquisition since its purpose is to modify its online products and increase their site traffic in as many days.
Yahoo said it would Xobni's technology into its communications products, including their e-mail and instant messaging services, mobile phone and PC versions.
Yahoo did not disclose financial terms of the transaction, technology blog AllThingsD's 30 million to 40 million U.S. dollars hooks. Yahoo said, Xobni's 31 employees will join Yahoo, including CEO Jeff Bonforte, who had been working at Yahoo.
The agreement is the latest in a series of acquisitions since Yahoo Chief Executive Marissa Mayer became a year ago, vowing to boost Traffic to Yahoo's online services, and to revive the company's revenue growth stalled.
Yahoo, has about 11,000 employees in the past year has acquired more than a dozen small network business, with particular emphasis on increasing designed for smart phones and tablet PCs technologies and services.
Yahoo on Tuesday the acquisition of Qwiki, a mobile application created using the consumer's photos and videos collected mini-movies. And on Monday, Yahoo acquired Bignoggins production, mobile application to help fantasy sports players.
Last month, Yahoo shut down its blog service QQ space to share, the biggest deal Meyer $ 110 million acquisition.
Yahoo shares finished Wednesday's regular trading session up 2.4 percent $ 25.59.
 



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