Yahoo Acquires Xobni

Yahoo acquired Xobni, the maker of mail productivity and address book applications / plugins, earlier this month.
yahoo purchases xobni

yahoo purchases xobni

Yahoo acquired Xobni, the maker of mail productivity and address book applications / plugins, earlier this month. The Xobni team announced the purchase on their blog, stating that support for its products would not be stopped for one full year, however “new purchases of premium products are no longer being accepted.”

Although the price is below the $40+ million raised by the startup, it is still the best price the team has been offered and sources state that Xobni’s current CEO Jeff Bonforte (previously served as VP of social search and real-time communications for Yahoo) was of particular interest to the tech giant.

This acquisition continues the purchases announced this month, such as Tumblr, Qwiki, and other mobile app companies.

via Xobni

You May Also Like

Palm is for Sale

Bloomberg is reporting that Palm, Inc. has put itself up for sale. Among some of the the potential bidders are companies like HTC. Palm is rumored to be working with…
View Post

Google Acquires Invite Media

Google announced the acquisition of Invite Media, an “innovative start-up based in New York,” yesterday.  Invite Media has developed technology that gives advertisers the ability to optimize display campaigns, across…
View Post