Sunnyvale,
Calif. – Looking to further
bolster its strong sports content business, Yahoo (NASD: YHOO) is expected to acquire
Citizen Sports, a developer of sports apps and games for the iPhone and Facebook
platforms, AllThingsD reported, citing several unnamed sources.
The blog pegged
the purchase price at upwards of $50 million.
Officials from both companies
have declined to comment.
Founded in 2005 as ProTrade, San Francisco-based Citizen
Sports is the developer of the popular Sportacular iPhone app, as well as
several other fantasy sports games and Facebook apps.
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(All Things D)
I’m surprised this came so late. I think the price it’s a little too much.