SUNNYVALE, Calif. & NEW YORK--(BUSINESS WIRE)--Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company and Right Media Inc., creator of the Right Media Exchange, today announced that Yahoo!'s acquisition of Right Media has been completed.

SUNNYVALE, Calif., April 30, 2007 - Yahoo! Inc. (Nasdaq: YHOO), a leading global Internet company, today announced that it has entered into a definitive agreement to acquire Right Media Inc., creator of the Right Media Exchange. The acquisition of Right Media will build upon Yahoo!'s leadership in online advertising and is a key step towards executing the Company's long-term strategy to transform how online advertisers connect to and engage with their customers - both on and off the Yahoo! network. Under the terms of the agreement, which follows Yahoo!'s 20 percent strategic investment in Right Media in October 2006, Yahoo! will acquire the remaining equity interest in Right Media for approximately $680 million. Shareholders will be paid in approximately equal parts cash and stock, and Right Media options and similar equity awards will be assumed by Yahoo!.

San Francisco, CA - April 24, 2007 - Today at the ad:tech conference in San Francisco, Right Media (www.rightmedia.com) announced the integration of community forums into the Right Media Exchange. The new capability allows all Exchange members to communicate directly with each other and share information, bringing more value to the Exchange community.

New York, NY -- March 13, 2007 - Right Media (www.rightmedia.com), creator of the Right Media Exchange, today announced that industry veteran Bill Wise has been named president of Remix Media, the media division of Right Media. Wise will guide strategic development and operations as Remix fulfills its promise to deliver unmatched value to online marketers and advertising agencies.

New York, NY - February 28, 2007 - Right Media (www.rightmedia.com), creator of the Right Media Exchange, today announced that Exchange revenue has increased 81% over the past six months, with 566 billion ad impressions traded during the period.

New York, NY - January 29, 2007 - Right Media (www.rightmedia.com), creator of the Right Media Exchange, today launched RMX Direct, a simple solution for managing advertising that allows web publishers to make more money from their sites. During the system's successful private beta period, 750 publishers set up accounts, and over 11 billion ad impressions were served.

New York, NY - January 8, 2007 - Right Media (www.rightmedia.com), creator of the Right Media Exchange, today announced the appointments of Chris Mahl as vice president of sales, Denise Colella as vice president of international operations and Hillary Smith as general counsel. Mahl and Colella will report to Right Media president Christine Hunsicker, while Smith will report to CFO John Roberts.

SUNNYVALE, Calif. & NEW YORK--(BUSINESS WIRE)--Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, and Right Media Inc., creator of the Right Media Exchange, today announced that Yahoo! has made a strategic investment to acquire a twenty percent stake in Right Media. Yahoo! will also join the Right Media Exchange to offer advertisers the ability to bid on Yahoo!’s non-premium inventory through an open and transparent marketplace.