YHOO: Yahoo acquires sports app developer

Yahoo acquires sports app developer • 6:00 PM

• TechCrunch reports Yahoo (YHOO) is acquiring Hitpost, a developer of iOS/Android  apps aimed at sports enthusiasts. The company's most popular app, Sports Bet, allows users to make virtual currency bets related to sporting events. The startup also offers a fantasy football polling app.
• No word on whether Yahoo, which (per Marissa Mayer) wants to limit the number of apps it offers to 12-15, plans to shut Hitpost's apps down and/or integrate its features with other Yahoo sports apps (of which there are plenty). The report comes three months after Yahoo bought fantasy sports app developer Bignoggins.

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