« Enter To Win An iPhone At Local.com's "Apple A Day Giveaway" | Main | Sprint And Microsoft Extend Mobile Partnership, Offer New Services »
Sep. 17, 2007 at 6:09pm Eastern by Barry Schwartz
Yahoo Buys Zimbra For $350 Million
Yahoo announced that they have agreed to buy Zimbra, an open source email, calendar and office applications software company, for $350 million.
Of course, Google and Microsoft both have online/offline office suite applications. This acquisition may help Yahoo compete in that space.
Jerry Yang, chief executive officer, said:
Our industry-leading communications products, including Yahoo! Mail, are critical to the future growth and success of Yahoo. Zimbra's tremendous talent and innovative technology will help to extend our core Mail offerings, further strengthening our strong leadership position in this space. Additionally, Zimbra's successful relationships with large ISPs are key as we expand our worldwide partner network and continue to focus on our commitment to being the partner of choice.
There is a ton of coverage at Techmeme on the Yahoo news.
|
Like The Story? Vote For It On Yahoo Buzz!
Send me the monthly search newsletter too! (Learn more about our newsletters and feeds) |
Subscribe To Our Search Feed!         
|
| Share & Bookmark This Story! |
By Barry Schwartz
Permalink
Jump To Comments
See Related Stories In: Yahoo: Business Issues, Yahoo: Other
