Zimbra Email Acquired by Yahoo
The $350 million deal will help Yahoo’s 10-year old email product evolve, while giving them a platform that works offline and can be hosted by companies.
“Our industry-leading communications products, including Yahoo! Mail, are critical to the future growth and success of Yahoo!,” said Jerry Yang, chief executive officer, Yahoo! in a press release. “Zimbra’s tremendous talent and innovative technology will help to extend our core Mail offerings, further strengthening our strong leadership position in this space. Additionally, Zimbra’s successful relationships with large ISPs are key as we expand our worldwide partner network and continue to focus on our commitment to being the partner of choice.”
Yang certainly seems intent on keeping Yahoo competitive with Google. Zimbra will help Yahoo compete with Google Apps foothold in corporate email and will give them an email client capable of working “offline”–something Google is rumored to be days away from announcing.
PS. We’re assuming the Google Custom Search box will be removed from Zimbra’s site very soon. 😉