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Yahoo acquires social Web browser Rockmelt

Published on .

Sunnyvale, Calif.—Yahoo Inc. has acquired the social Web browser Rockmelt for its media and mobile technologies and expertise, according to reports. Financial terms of the deal were not disclosed, but according to AllThingsD the price was between $60 million and $70 million. Rockmelt is Yahoo's 21st acquisition since Marissa Mayer took over as CEO last summer, with the $1.1 billion Tumblr acquisition in May being the largest.
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