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Yahoo! Snaps Up Snip.Com

PUBLISHED BY: SURENDER KUMAR
JANUARY 22, 2013

   
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Yahoo! has its confirmed its purchase of Snip.it, a start-up that lets people make scrapbooks with pictures, articles, videos and other content. Snip.it has said it is “joining forces” with Yahoo! and that the service was no longer available.
The financials of the deal have not been disclosed, but the figure is likely to be around $15 million.



Snip.it was launched in 2011 as a platform to let people could share digital “scrapbooks” on topics or themes of their choice.



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