WebRTC acquisition. This time, it is Yahoo who is snatching OnTheAir.
The craziness continues. We had
. While Mashable thinks this is about mobile – I am not so sure.
OnTheAir is a young company that did something similar to Meetings.io – they built a Google-Hangout-like platform. This kind of work requires media processing in order to scale nicely.
I haven't had the chance to reach out to the team of OnTheAir to check out their platform and do an interview, which is quite a shame – it means there's not a lot I can say about this acquisition.
What strikes me the most here is the trend – it is the second time in a row that a startup using WebRTC is taken off the market before it had any time to mature. Someone really needs this WebRTC technology.
I wonder who the next acquirer will be – or the next acquired company for that matter… If I had to bet, then it will be on another social network vendor (not sure if a platform like Jive or a service like Facebook) and the target would be a WebRTC point-to-point calling service.
Only time will tell. And with the speed at which these companies are being acquired – next week seems like a good bet.
Time for your bets:
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