[Reuters] Yahoo to acquire business software maker Zimbra

Posted by: UGN Security

[Reuters] Yahoo to acquire business software maker Zimbra - 09/17/07 04:20 PM

SAN FRANCISCO (Reuters) - Yahoo Inc said on Monday it will pay $350 million in a cash and stock deal to acquire Zimbra, makers of "open source" e-mail and collaboration software that is an alternative to Microsoft Outlook.



Source