Apr 04, 2013 09:00 BST UK IT Association The UK IT Association (UKITA) took notice last week, as many would have done, when Yahoo announced that they have purchased Summly from 17 year old entrepreneur Nick D'Aloisio. Nick himself has done particularly well out of the deal, with Yahoo paying an estimated £20 million in cash and shares for the company which they are now expected to shut down.


