Yahoo Inc. (Nasdaq: YHOO) has acquired Rockmelt, a venture capital-backed startup focused on developing Web browsing technology, in a deal reportedly valued at between $60 million and $70 million. Although Rockmelt’s browser did not develop a huge following, its creators are considered gifted and well-connected entrepreneurs.

The deal follows a steady stream of startups bought by Marissa Mayer since she left Google Inc. (Nasdaq: GOOG) to become CEO of Yahoo in July 2012. (For more, see "10 Startups Marissa Mayer Bought Before Tumblr")

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