Yahoo buys millions of dollars for "teen" company

In March, Yahoo made headlines in the technology industry, raising $ 30 million to buy a new technology company called Summery.
Before being acquired by Yahoo and closed, Summly is a news aggregator for smartphones. This technology is not unusual, but the deal is much attention because the CEO of Summly is only 17 years old. His name is Nick D'Aloisio.
In summary, we can see, when buying Summon, Yahoo bought a new technology company toe with an application: 1.Not many users; 2. Do not make money; 3. Do not own any technical genius or design.

According to Business Insider, the acquisition of Summly has a remarkable "side effect", as Yahoo has entered into an agreement with SRI for "knowledge transfer and technology transfer", including owning IP addresses. , code, technology.
Until the acquisition of Yahoo Summers, SRI held a large share of the company. Previously, SRI also held a stake in an emerging technology company called Siri, before it was acquired by Apple. In other words, Yahoo internally summoned "Siri of Yahoo".
Yahoo CEO Marissa Mayer believes the technology delivered by SRI is "significant to Yahoo." It allows news aggregators, builds personalized news channels on the mobile environment, and can create unprecedented experiences for Yahoo's core products Yahoo Finance and Yahoo Sports.
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