Yahoo Buys Gaming Company Cloud Party


Yahoo acquired a new company, namely Cloud Party, a browser-based game creation engine.. According to a blog post signed by the Cloud Party team, the company will be joining Yahoo and its service will be shut down on February 21, 2014. It’s rather unclear what they’ll be doing over at Yahoo, but this is not the first purchase Yahoo makes in this area. In 2013, the company bought Loki Studios, a company that deals in mobile gaming, and PlayerScale, an online gaming firm.. Yahoo does have a games portal of its own, but it’s not exactly the first thing you think about when you hear the company’s name. “We are privileged to have had so many wonderful users share ideas and creations. We are excited to bring our vision and experience to a team that is as passionate about games as we are. Thank you all for sharing in this journey with us, and we hope you stick around for what’s next!” - Cloud Party’s Sam Thompson wrote.