As noted on Loki Studios' website, seven employees will join Yahoo! to help create "outstanding mobile products." Loki Studios will be particularly helpful in building out Yahoo! location-based features. Working in the competitive mobile-games industry, Loki built games -- including its flagship title Geomon -- that were "location-aware" of a user's weather, temperature, time of day, season, and geographic region. By doing so, the studio sought to create a gaming experience that differed if one was at the beach or in a snowstorm.
This is the third startup Yahoo! has picked up in two days. On Thursday, the company acquired GoPollGo and MileWise. While MileWise worked in travel, GoPollGo also focused on a segment of the mobile industry.