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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The special Yahoo! touch by Peaker · 2007-09-17 11:09 · Score: 0, Troll

Every website Yahoo has created, and every service, you can just feel their touch. The touch of incompetence. Their web mail client sucks. Their image sharing service sucked. Their search engine sucked (at least until Google came along).

Yahoo is an incompetent company and everything that they have done and I have seen sucked.