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July 25, 2005

Yahoo buys information 'widget' company Pixoria

Yahoo buys information 'widget' company Pixoria - Yahoo! News

Mon Jul 25, 1:02 PM ET

SAN FRANCISCO (Reuters) - Yahoo Inc. said on Monday it bought Pixoria, a company that provides small, downloadable programs that let computer users quickly get up-to-the-minute information, such as stock quotes and weather reports without using a Web browser.

Terms of the sale, which closed July 19, were not disclosed. The products, which also include such things as an alarm clock and a launching pad for Web searches, are available free at http://widgets.yahoo.com/.

The move comes as Yahoo and chief rival Google Inc. (Nasdaq:GOOG - news) open their networks to independent developers, whose program tweaks at times move technology forward or result in popular products.

Pixoria, is the developer of the Konfabulator engine that builds small desktop applications to help users access Web content and other information from their desktops. The programs are built on an open platform, which allows developers to write specialized programs.

The company's three employees are joining Yahoo as full-time employees.

Shares of Yahoo (Nasdaq:YHOO - news) were up 11 cents at $33.64 in mid-day trading on Nasdaq.

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