Yahoo OnTheAirOnTheAir video chat startup announced today on their official website that they have been acquired by Yahoo. It’s an amazing achievement for a startup that was launch this year in March.

It’s Yahoo’s second acquisition ever since Marissa Mayer joined them as CEO. But what is OnTheAir? OnTheAir was founded in March 2012 by a team of 5 young enthusiasts. For those who are familiar with Skype and Google+ Hangouts it’s more like a merger between these two services.

With OnTheAir you can organise hangouts that can be watched by an audience of hundreds or thousands of persons worldwide. It’s more like a live stream hangout.

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