Cooliris just posted a notice on its site that it has been acquired by Yahoo.
The company stated the following:
Cooliris is passionate about creating fast, fluid mobile experiences for content and communication – as exemplified by our newest product, BeamIt.
Yahoo has a clear vision and unwavering commitment to making mobile an intuitive and effortless experience.
This makes Yahoo the perfect partner for Cooliris, and we are excited to come together to bring indispensable products to a worldwide audience.
F**k it, we'll do it live!
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Cooliris is mostly known as the developer of a photo-aggregation app of the same name. It’s not too much of a leap to expect that the Cooliris team will be working with the Flickr team. Yahoo acquired Flickr in 2005.