Yahoo’s Shopping Spree Is Slowing Down, It Used A Net $22M For Acquisitions In Q1

wochit business
April 15, 2014 AT 12:44 PM
Yahoo’s acquisition train looks like it may finally have slowed down, at least in terms of value if not numbers. Yahoo noted in its Q1 2014 earnings on Tuesday that it used a net $22 million for acquisitions in the three months that ended March 31, covering eight companies. Sequentially, that $22 million is just over a third of the net amount it said it spenton acquisitions in the quarter before that, when it spent $60 million, also to acquire eight companies, and just 13% of the net value it spent in Q3 of 2013. All told, Yahoo has acquired 38 different startups since Marissa Mayer took the helm as CEO.