4 Dec 2013

Yahoo acquires mobile video app startup Ptch

Author: Griemyexery | Filed under: News

Yahoo has acquired Ptch, the startup behind a mobile app that allowed users to combine photos and video on their phones into movies, and the service will shut down by January. Incubated by DreamWorks Animation, Ptch was positioned as a social media application that enabled users to make stylized short videos, called ptches, and share them with the Ptch network of users as well as on Facebook and Twitter timelines. ”We acquired the company, which includes the people and the technology they built,” a Yahoo spokeswoman said via email Tuesday.

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Yahoo acquires mobile video app startup Ptch

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