Good move for Yahoo! as it gives them direct access to the desktop on windows and Mac platforms. Expect a lot of little Yahoo!Widgets in the near future.
Macworld: News: Yahoo! acquires Konfabulator
“Yahoo! Inc. on Monday will announce the acquisition of Konfabulator, a Macintosh and Windows application that allows users to run mini files known as Widgets on their desktop — the same model used by Apple for its Dashboard application. Yahoo! company executives said they would also be giving Konfabulator away for free, completely doing away with the US$19.95 currently charged for the product.“