Intel Capital, Condé Nast Owner Invest $30 Million in Kno; Intel to Consult on Student Tablet Hardware

According to sources close to the situation, Intel Capital and Advance Publications will lead a $30 million investment round in Kno, the high-profile student tablet start-up. In addition to the funding from its venture capital ark, Intel itself will license the hardware design of Kno, which will now focus on its software to manage the devices that are aimed at the college market.

Exclusive: Kno Student Tablet Start-Up in Talks to Sell Off Tablet Part of Its Business

Kno–the much-funded and high-profile Silicon Valley start-up aimed at making tablet computers focused at students–is considering selling off the entire hardware part of the business and is in talks with two major consumer electronics manufacturers to do so, according to sources close to the situation. But, if a deal is struck, the move would be a dramatic shift for the company, which has yet to ship significant numbers of the touchscreen device as it has long touted.

Exclusive: VMware Likely to Buy Zimbra From Yahoo

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.
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Boola, Boola!: Yahoo Marketing Head's Cheerleading Memo Post-MicroHoo

BoomTown just got this interesting memo that Yahoo CMO Elisa Steele sent out to her staff immediately in the wake of the deal for Microsoft to take over Yahoo’s search technology business two weeks ago. I render it unto you, dear readers, since it shows just how intent the top managers of Yahoo are, especially internally, in reassuring those concerned that Yahoo had not just gutted itself and how it would remain as innovative as ever. Also amusing–for reasons I cannot understand since it is an internal memo–is the use of the code name for Yahoo, which is called Yale, after the famous university in New Haven, Conn.
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