"Summly solves this by delivering snapshots of stories, giving you a simple and elegant way to find the news you want, faster than ever before. For publishers, the Summly technology provides a new approach to drive interest in stories and reach a generation of mobile users that want information on the go," Yahoo! wrote on its blog.
The price of the deal was not disclosed, but AllThingsD reported the purchase price was $30 million for the London-based start-up.
Closing prices: DELL closed up 2.6%, or 37 cents, at $14.51. BBRY fell 4.6%, or 68 cents to $14.23. YHOO rose 0.5%, or 12 cents, to $23.38.
-- Written by Chris Ciaccia in New York>Contact by Email. Follow @Commodity_Bull