Sunnyvale, Calif. -- Sunnyvale-based Yahoo said that it has acquired Jumpcut, a San Francisco-based developer of online video editing tools. Financial terms of the deal were not disclosed. Launched earlier this year, Jumpcut offers a web-based application that lets users make basic edits and add some professional features to personal videos, often before uploading them to blogs or video-sharing sites like YouTube.
http://blog.jumpcut.com/2006/09/27/jumpcut-joins-the-yahoo-family
http://www.jumpcut.com