The Internet pioneer has acquired Astrid, an app that helps users create to-do lists. Astrid has now stopped accepting new premium subscribers, but will remain functioning for at least 90 days, USA TODAY notes.
Neither Yahoo nor Astrid reveal the terms of the deal; however, Yahoo will offer refunds to users who purchased year-long memberships. Astrid’s development team will likely be folding into Yahoo’s own staff.
Yahoo’s new CEO Marissa Mayer has indicated that she plans to expand the company’s mobile market offerings.
In March, Yahoo paid a reported $30 million to acquire Summly, a news content app developed by a British teenager.
Shares of Yahoo rose fractionally in Thursday morning trading.