"Yahoo! is to acquire e-mail and collaboration software
developer Zimbra for approximately US$350 million.
"Yahoo! said the deal would help it expand its presence in
universities, businesses and through ISPs by enabling organisations
to host email on or off premises with their own domain. Zimbra's
offerings include AJAX-based e-mail, calendar, and contact
management features that can be used both on and offline. According
to Yahoo!, 'their open platform enhances the user experience by
enabling creative mash-ups called Zimlets that tie in valuable Web
services to email, and can be tailored to fit the needs of every
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