Yahoo! is going to acquire Zimbra, an e-mail and collaboration software provider, for $350 million.


Yahoo! is going to acquire Zimbra, an e-mail and collaboration software provider, for $350 million.

The acquisition of Zimbra will enable Yahoo! to expand its presence in universities and businesses, according to Yahoo!.

Zimbra offers rich, AJAX-based e-mail, calendar, and contact management features that can be used both on and offline.

With the acquisition, Zimbra will become a wholly-owned subsidiary of Yahoo!.

Brad Garlinghouse, senior vice president, communications and communities, Yahoo!, said: “With Zimbra, we will bring the security, reliability and anywhere access of Yahoo! Mail to people at school, work and home, further enhancing our leadership position in Web mail”. [source]

‘Yahoo!’ Link

Yahoo! Press Release

About Yahoo!

Yahoo! Inc. is a leading global internet brand and one of the most trafficked Internet destinations worldwide. Yahoo!’s mission is to connect people to their passions, their communities and world’s knowledge. Yahoo! is headquartered in Sunnyvale, California. [source]

About Zimbra

Zimbra is a leading provider of collaboration software for universities, businesses and service providers. Zimbra’s rich AJAX interface is available on or offline to dramatically improve the collaboration experience. Zimbra is available on-premise or on-demand through our extensive hosted partner program. [source]

Sharing is caring