Yahoo (NSDQ: YHOO) has made a strategic investment in Info Network Management Company (INMAC), a phone directory search company based in Chennai that offers online and voice-powered directory assistance. Yahoo bought a 30 percent stake in INMAC, known for its Call Ezee service, and will gain at least one spot on the board. There’s also a revenue-sharing component, though IDG says financial specifics were not disclosed. The two companies will integrate their business lists, giving users of Yahoo Local and other properties more in-depth listings of local companies and services; additional projects may follow.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_1f9115a1d031632f34090aa88120768c","wijax_1d1155581e955742559d45db32d0bf49"]
{"source":"https:\/\/gigaom.com\/2008\/12\/18\/419-yahoo-takes-stake-in-inmac-for-local-search\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_f653edaff58d913586bd0d1b0e69028b","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2008\/12\/18\/419-yahoo-takes-stake-in-inmac-for-local-search\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_f653edaff58d913586bd0d1b0e69028b","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post