alanwilliamson

Yahoo! will acquire Zimbra for approximately $350M

Yahoo has agreed to purchase Zimbra, the open source enterprise mail server company, for approximately $350M.

As a Zimbra user, I am not sure if this is good news or not. Definitely good news for the employees, shareholders and investors for Zimbra. Although, it doesn't sound a lot of money in this day and age of startup buyouts, for a company that has very little of their own IPR, but a great packager of open source components this is quite a bit of change.

Kudos for them pulling this off.

Official news here http://www.zimbra.com/about/zimbra_pr_2007-09-17.html

Leave Comment

please note, all comments will be moderated for spam and abuse before being publicly posted.


 

Recent Cloud posts

Recent JAVA posts

Latest CFML posts


 
Site Links
Recommended Sites/Blogs