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: Judge approves $450 mn deal in Apple ebook suit

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

Dish restores Turner channels to lineup

Nov 21, 2014

Turner Broadcasting channels such as Cartoon Network and CNN are back on the Dish network after being dropped from the satellite TV provider's lineup during contract talks.

'Call of Duty' blasts past $10 bn in sales

Nov 20, 2014

Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales, propelled by demand for the latest installment in the 11-year-old franchise.

Square's point-of-sale service goes global

Nov 20, 2014

Financial services startup Square is taking aim at cash registers across the globe, making its point-of-sale software available internationally in English, Spanish, French and Japanese.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.