Yahoo Executive Talks Acquisitions, Slams YouTube Buy

March 28, 2011 at 10:26 am PT

Yahoo is “gearing up for a very big year” of acquisitions, said a senior director of corporate development at the Internet company.

Speaking on a panel at the Global Technology Symposium in Menlo Park on Friday, Yahoo’s Steven Mitzenmacher said the company had gone through a couple of years where acquisitions weren’t on the agenda.

“But we’ve come out now…guns blazing,” he said, adding that executives around the company “want to do more.” Yahoo made only a handful of buys over the last couple of years, including web content provider Associated Content for $100 million last May.

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Tagged with: acquisitions, Associated Content, digital, frontpage, Global Technology Symposium, Google, Internet, Menlo Park, Silicon Valley, Steven Mitzenmacher, Yahoo, YouTune

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