F.Y.I.

Yahoo!7 acquires OzTips.com

June 16, 2010 10:17

Yahoo!7 has taken over sports tipping site OzTips.com.   The announcement:

Yahoo!7 today announced that it has agreed to acquire OzTips.com, Australia’s largest online sports tipping website, from NextGen.Net Pty Ltd.

The 100% acquisition of OzTips will build on the existing Yahoo!7 Sports site to quickly move Yahoo!7 to a leadership position in the Australian online sports publishers category.

“The team at NextGen have done a great job of building OzTips and its loyal audience who are passionate about sport.  The acquisition allows us to continue to deliver on our promise of helping to connect Australians to the people and things that matter most.  It’s about providing useful tools and information that help Australians to live their lives,” said Rohan Lund, Yahoo!7 CEO.

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