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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Uhh by Peeteriz · 2007-09-17 22:33 · Score: 0, Offtopic

Another case of RIAA selling shoddy, lame products.
My friendly neighbouring pirates are distributing high-quality, premium versions of the same songs that are fully compatible with everything!

No wonder that RIAA can't compete with them, as RIAA is selling cheap knockoffs, while pirates are offering the real goods.