Jumpcut

Yahoo Will Announce Zimbra Sale to VMware Tomorrow, as It Considers Bids for Small-Biz Unit

Kara Swisher in News on January 11, 2010 at 10:46 am PT

Yahoo is set to announce the sale of its Zimbra open-source email unit to VMware tomorrow, said sources, for a figure north of $100 million but below the $350 million the company paid for the unit in late 2007. A week ago, BoomTown reported that the sale of Zimbra was likely. In addition, other sources said that Yahoo is about to consider bids it has solicited for its small business unit, which the company has also been trying to sell for some months, although Yahoo will not unload the unit if it does not receive a decent price.

Exclusive: VMware Likely to Buy Zimbra From Yahoo

Kara Swisher in News on January 4, 2010 at 11:22 am PT

Yahoo is close to selling its Zimbra unit to VMware, according to several sources close to the situation. Sources said the deal could be announced soon, but the price for the open-source email unit was still unclear. One source noted that the reason that VMware was interested in nabbing Zimbra was that its execs want to expand “up the stack” from the software company’s position in virtualization. And Yahoo’s reasoning? The Internet giant has been targeting assets for “de-acquisition” that are not central to the strategies of its new management.

Yahoo's Jumpcut Pushed Off Cliff (But You Can Send Your Videos to Yahoo's Flickr!)

Kara Swisher in News on April 16, 2009 at 12:01 am PT

You could see this one coming a mile out: After telling users they could not upload new videos late last year, Yahoo is finally shutting down Jumpcut. “This was a difficult decision to make, but it’s part of the ongoing prioritization efforts at Yahoo!,” said Jumpcut in a note to users today. That’s code for the stylings of new CEO Carol Bartz, who is hard at work axing many of Yahoo’s similarly lagging services. The sassy video-editing service was bought by Yahoo in 2006 amid high hopes of the Internet giant becoming a big player in the hot online video market. That honor, as it turned out, went to YouTube, which was more cats-on-skateboards-oriented than tools-oriented.