By Brett Molina
Yahoo announced it is acquiring Jybe, a small company specializing in personal recommendations. Jybe is best known for an app that recommended restaurants or movies based on personal interests or those of friends.
The deal serves as more of a welcome home party, as all five members of Jybe once worked for the Sunnyvale, Calif., company.
"We're welcoming an extremely talented group of engineers and data scientists who will join Yahoo's platform organization, focused on targeting and personalization," says Jay Rossiter, senior vice president of Yahoo's Cloud Platform Group, in a statement.
"This has been a fun and furious journey for our tiny startup, as we applied our various technology backgrounds to recommendation and mobile app design," reads a statement on Jybe's website. "It's now time to move ahead to join a larger company, and Yahoo! is the perfect match."
The Jybe app, which is no longer available, provided users recommendations based on what they liked, such as restaurants or other venues. It has been described as similar to the popular discovery app Yelp.
The inclusion of Jybe would fall in line with Yahoo's plans to make their offerings more personalized. Last month, the company redesigned its home page for a simple, more personal look.
Shares of Yahoo are down less than a half-percent to $22.07.