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May 14, 2014 06:46 pm GMT

Yahoo Buys Blink, a Snapchat Rival, and Will Shut It Down

Blink-1

Yahoo has purchased Blink, a self-destructing messaging app that itself will soon disappear

Blink, which was founded in 2011, confirmed the purchase on its website and in the tweet below:

See also: 8 Brands Rocking Snapchat

We're excited to announce that Blink is now part of Yahoo! Thanks to all of our usershttps://t.co/dU3lOqJRXI

— Blink (@blinkapp) May 13, 2014

Terms of the deal were not disclosed. "I can confirm that the entire team behind Blink will be joining our mobile team in Sunnyvale where they will focus on smart communication products," a Yahoo rep confirmed

Launched as location-based app Kismet by ex-Googler Kevin Stephens and cofounder Michelle Norgan, Blink pivoted to ephemeral messaging about a year agoTechCrunch reported that Yahoo plans to shut Blink down and hire founders in what appears to be an aqui-hire Read more...

More about Yahoo, Business, Startups, Snapchat, and Blink

Original Link: http://feeds.mashable.com/~r/Mashable/~3/FE43LOIagI4/

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