My Web Dashboard





Yahoo News: Yahoo Snaps Up Zimbra for $350 Million (NewsFactor)

Yahoo Inc. is buying e-mail service Zimbra Inc. for $350 million in an all-cash deal that may open a new revenue channel for the slumping Internet icon. The acquisition announced Monday represents Yahoo's second significant expenditure this month as co-founder Jerry Yang spearheads an effort to breathe new life into the Sunnyvale-based company. Two weeks ago, Yahoo disclosed plans to buy an ...

read more...

Related News