Yahoo is continuing their buying binge in a bid to strengthen its core online advertising offerings.
Fresh off their $240 million purchase of mobile analytics standout Flurry in late July, and 13 other companyies so far this year, Sunnyvale-based Yahoo bought interactive photo ad network Luminate Friday for an undisclosed sum and did what they sometimes do when buying a company.
They shut it down.
http://venturebeat.com/2014/09/05/yahoo-buys-photo-ad-network-luminate-shuts-it-down/