foxytunes

Breaking: In The Middle of The Storm, Yahoo! Acquires Israeli FoxyTunes

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A couple of weeks ago we reported several rumors of acquisition of Israel-based FoxyTunes a Firefox plugin that allows users to control their favorite media players from the browser. According to several sources the acquisition has been completed for an undisclosed amount of money.

This happens as Yahoo decided to shut down its premium music service and reroute it to Rhapsody. Prior to Microsoft’s acquisition offer, Yahoo was intending to open an R&D center in Israel: FoxyTunes would probably become the intial operation. It is unclear however for now what would happen in the case of an acquisition by Microsoft.

FoxyTunes was created by 2 brothers, Alex and Vitaly Sirota and raised seed money with Yossi Vardi a few years ago.

update: Alex Sirota just confirmed me the acquisition and do not wish to comment on the terms of the deal, of course… Congratulations anyway

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