Mobile-Marketing Company Sparq Says It Has Been Acquired by Yahoo
Mobile-marketing company Sparq said late Tuesday on its website that it has been acquired by Yahoo Inc. (YHOO).
"Words cannot describe how ecstatic we are to be joining such an amazing team with an inspiring mission. We see endless opportunity ahead," said Jesse Chor, Sparq's chief executive, according to a statement posted on the company's website.
The company will be terminating its current service and is reaching out to existing customers with support details, Mr. Chor said in the statement, which offered no further details about the deal.
According to a LinkedIn page for Sparq, the privately held company is based in Seattle and was founded in 2010.
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(END) Dow Jones Newswires 01-22-140021ET Copyright (c) 2014 Dow Jones & Company, Inc.