Yahoo Acquires Zimbra for $350 Million

Posted by ScuttleMonkey on Monday September 17, 2007 @08:25AM from the constant-maneuverings dept.

TechCrunch is reporting that Yahoo has acquired the open source office suite Zimbra for $350 Million in cash. Zimbra has been in and out of the news over the last couple of years for their office suite, and recently launched offline capabilities. "The company has raised $30.5 million over three rounds of funding from Benchmark Partners, Redpoint Ventures, Accel Capital, Sumitomo and Duff, Ackerman & Goodrich. They announced 6 million paid mailboxes back in March, and more recently inked a deal with Comcast that brings another 12 million potential subscribers."

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Re:Yahoo & Open Source? by Ilgaz · 2007-09-17 08:52 · Score: 5, Informative

Perhaps I've missed something but isn't Yahoo usually not too fond of open source stuff? Perhaps they're changing their ways? Or maybe they just want to make Zimbra proprietary to kill any open souce competition? I guess time will only tell on this one... Yahoo exists thanks to Open Source.

It is still the poster child for FreeBSD. They started on FreeBSD and kept using it to this date.

They are offering free open source SDKs etc on http://developer.yahoo.com/

They certainly have a problem in PR department if a slashdot user thinks Yahoo is not fond of open source.