Yahoo has evidently been rummaging through its closet looking for stuff it can sell off, especially now that it’s decided it’s a consumer company and will put $100 million into promoting that image starting Tuesday.
Anyway, that business construction reportedly means it doesn’t need Zimbra and its online, cross-platform Collaboration Suite, the open source-cum-commercial e-mail-shared calendar-instant messaging-and-document authoring widgetry it paid $350 million for it almost exactly two years ago.
It’s been peddling the thing around, according to Boomtown’s Kara Swisher, the Yahoo familiar.
Yahoo’s reportedly not harboring any delusions that it’ll get anywhere near what it paid for the thing.
Swisher thinks it could go to rival Google or maybe Comcast, a Zimbra client, or maybe a private equity firm, maybe even Redpoint Ventures, one of Zimbra’s original investors and now home to Zimbra founder and former CEO Satish Dharmaraj.
About Maureen O'Gara Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.
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