Yahoo selling e-mail service Zimbra to VMware

Jan 13, 2010

(AP) -- Yahoo is selling the e-mail service Zimbra to VMware as part of an effort to focus on the Internet services that generate most of its revenue.

Financial terms of the deal announced Tuesday weren't disclosed.

Yahoo, based in Sunnyvale, Calif., bought Zimbra for $350 million in September 2007.

Zimbra manages more than 55 million e-mail boxes for businesses, universities and Internet service providers.

The acquisition opens a new product line for VMware, which sells software that enables a single computer to function like multiple machines.

is retaining the right to draw upon Zimbra's technology to run its own Web-based e-mail service.

The sale is expected to close by the end of March.

Explore further: Airbnb rental site raises $450 mn

not rated yet
add to favorites email to friend print save as pdf

Related Stories

ThinkFree, Zimbra Prep Offline Clients

Mar 29, 2007

ThinkFree and Zimbra announced at the 2007 O'Reilly Emerging Technology Conference offline clients of their popular office software packages.

Recommended for you

Airbnb rental site raises $450 mn

9 hours ago

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

US venture investments highest since 2001 (Update)

Apr 18, 2014

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

User comments : 0

More news stories

Airbnb rental site raises $450 mn

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

Health care site flagged in Heartbleed review

People with accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the ...