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After last week, Yahoo announced the acquisition of BuzzTracker,
today the Web giant announced a new deal. Jerry Yang, chief executive officer,
Yahoo, said the company has signed a deal to acquire Zimbra, a company that
provides NEXT generation e-mail services and collaboration software.
Zimbra’s offer includes an AJAX-based e-mail, which
integrates calendar and contact management features.
According to Chang Yahoo will use its newly acquired
platform in order to strengthen and extend its position in e-mail services
market.
“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! Inc. “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.”
Earlier this year Zimbra was one of the companies selected
by Comcast to build its SmartZone service,
a central location where the customer are able to send and
receive email, check voicemail online, send instant messages and manage a new
address book.
Last week Yahoo announced the alpha version of a new social
networking project, called Yahoo Mash and maybe Zimbra’s acquisition will allow
Yahoo to develop new services for its latest project.
Zimbra is offering also to its user the possibility to creat
mash-ups called Zimlets that tie in valuable Web services to e-mail.
“With Yahoo’s ad and content network, the possibilities for
Zimlets and other applications are endless.” said Satish Dharmaraj, Zimbra
co-founder and CEO. According to Yahoo the price paid for Zimbra was $350
million.
Zimbra will become a wholly-owned subsidiary of Yahoo and Satish
Dharmaraj will continue to lead the Zimbra team based in Yahoo’s Sunnyvale headquarters. He will report to Brad Garlinghouse, senior
vice president, communications and communities.
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