Yahoo Acquires Zimbra for $350 Million

TechCrunch is reporting that Yahoo has acquired the open source office suite Zimbra for $350 Million in cash. Zimbra has been in and out of the news over the last couple of years for their office suite, and recently launched offline capabilities. "The company has raised $30.5 million over three rounds of funding from Benchmark Partners, Redpoint Ventures, Accel Capital, Sumitomo and Duff, Ackerman & Goodrich. They announced 6 million paid mailboxes back in March, and more recently inked a deal with Comcast that brings another 12 million potential subscribers."

Wasted oppotunity

[Anonymous Coward]

They really should have taken a look at zombo.com. There are many more possibilities there, according to the sources I've queried.

Re:Yahoo & Open Source? -- Let's fork guys!

[bogaboga]

I did not know this http://www.bongo-project.org/ [bongo-project.org] existed. I swear to God...I have never heard of Bongo at all. One wonders what else I do not know about.