Zimbra was acquired by VMware from Yahoo! in a deal that is expected to close as early as April. The search engine purchased Zimbra in 2007 for $350 million. However, the financial terms of VMware’s acquisition were not disclosed. Zimbra, which saw an overall growth of 86 percent last year, has more than 55 million […]
Mergers and acquisitions are common occurrences in the web hosting industry but rarely do the numbers involved reach those being tossed around in the media this week in relation to Yahoo‘s attempt to sell its small business hosting service. With unnamed sources saying that the company is looking for between $350 million to $500 million, […]
Recent Comments