*Breaking news* : Zimbra aquired by Yahoo

Filed in archive Newsdesk 2.0 on September 19, 2007

Zimbra is one of these companies that started not too long ago, is very innovative and has achieved a steady market position with customers that are confident in the service Zimbra offers. And they should. In fact, Zimbra offers a service that is good enough for Yahoo to acquire, and Yahoo just did that. Zimbra operates in the same field as Google Docs&Spreadsheets and Zoho.

Yahoo will announce the acquisition of open source online/offline office suite Zimbra this evening, we just heard through a very solid source. The price: $350 million, in cash, confirmed.()

The deal is confirmed by Zimbra in this press release.
It is exciting news, as this clearly shows that :

• Web 2.0 is a serious matter and produces really good stuff


• Yahoo is pretty innovative (we knew that)


• Zimbra has done a very good job

All in all, this feeds our enthousiasm, and means there is hope for all developers of software, especially Web 2.0 software (Saas).