Yahoo! acquires email provider for $350m

Yahoo! has acquired Zimbra, a provider of web based email and online/offline office software, for a cash price of $350m (£175.5m).

Zimbra's product is essentially a web based version of Outlook, though the company recently added Zimbra Desktop, which allows users to access email and other functions when offline.

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Posted 10:42 18 Sep 2007 by Graham Charlton

 
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