Yahoo’s Acquisition of Maktoob Completed

12 Nov, 2009

Screen shot 2009-11-12 at 3.21.41 PM
ArabCrunch Broke at the global level that Yahoo Acquired Maktoob, today it was announced that the deal was completed on Thursday noon.

Yahoo’s acquisition of Jordan based Maktoob is the first major investment by a US tech company in the Arab region.

As we said before this is a game changer to the startups and the tech scene in the region, as investors will start moving to investing in tech companies as they see the exit window is now open for their companies. An Essential part of the ecosystem that is taking its shape in the region.

We at ArabCrunch have a mission to help startups, innovators and the tech industry in the region, that is why we build ArabCrunch.NET as the first online community for the tech and startups ecosystem in the Arab world and beyond.

Here is the video interview AC made  with Samih Toukan the cofounder of Maktoob and with Keith Nillsson VP Yahoo the second day of the deal:

Yahoo |Maktoob: Interview with Keith Nillsson VP Yahoo and Samih Toukan, cofounder Maktoob مكتوب و ياهو لقاء مع from ArabCrunch on Vimeo.

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  1. سيناء حيث أنا  |  November 12th, 2009 at 1:56 PM #

    مبروك على الاقل ابتعدت عن سيطرة المخابرات الاردنية

  2. جرير  |  November 14th, 2009 at 12:44 PM #

    لا يوجد اي دليل، مجرد شائعة

  3. jmizi914  |  November 12th, 2009 at 7:33 PM #

    Awesome… it sounds like yahoo has a lot of "figuring out" to do. Exciting nonetheless. btw… just found this site… and I love it.

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