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RIA & Ajax: Article

AJAX-Based E-Mail Gets New Boost As Yahoo! Buys Zimbra For $350M

Holy Zimlet! CEO Satish Dharamaraj and his team will move to Yahoo! HQ in Sunnyvale

"With Yahoo!'s ad and content network, the possibilities for Zimlets and other applications are endless," said CEO Satish Dharamaraj (pictured during an appearance on SYS-CON.TV) as Yahoo! revealed yesterday that it is buying the AJAX-based email and collaboration provider that Dharamaraj co-founded in just 2003 for $350 million.

"Our industry-leading communications products, including Yahoo! Mail, are critical to the future growth and success of Yahoo!," said Jerry Yang, chief executive officer, Yahoo! Inc. "Zimbra's tremendous talent and innovative technology will help to extend our core Mail offerings, further strengthening our strong leadership position in this space. Additionally, Zimbra's successful relationships with large ISPs are key as we expand our worldwide partner network and continue to focus on our commitment to being the partner of choice," he added.

"We are excited to combine ourselves with one of the world's most successful Web mail services and extend Yahoo!'s credible brand and leadership in the e-mail business to universities, businesses and ISPs globally," said Dharmaraj.

"As an industry leader, we are constantly approached for different e-mail solutions," said Brad Garlinghouse, senior vice president, communications and communities, Yahoo! Inc. "With Zimbra, we will bring the security, reliability and anywhere access of Yahoo! Mail to people at school, work and home, further enhancing our leadership position in Web mail."

Following the acquisition, Zimbra will become a wholly-owned subsidiary of Yahoo!. Satish Dharmaraj will continue to lead the Zimbra team based in Yahoo!'s Sunnyvale headquarters and will report to Brad Garlinghouse. The transaction is subject to customary closing conditions, including regulatory approval. It is expected that the transaction will be completed in the fourth quarter of 2007.

More Stories By RIA News Desk

Ever since Google popularized a smarter, more responsive and interactive Web experience by using AJAX (Asynchronous JavaScript + XML) for its Google Maps & Gmail applications, SYS-CON's RIA News Desk has been covering every aspect of Rich Internet Applications and those creating and deploying them. If you have breaking RIA news, please send it to [email protected] to share your product and company news coverage with AJAXWorld readers.

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