Yahoo Buys E-Mail Search Startup
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The Internet company grabs Stata Labs along with its Bloomba e-mail application that has focused on search.
Yahoo Inc. continues its recent buying spree of e-mail startups with the acquisition of Stata Laboratories Inc. Yahoo confirmed on Thursday that it had bought Stata Labs, the maker of search-based e-mail client Bloomba. Terms of the acquisition, completed on Wednesday, were not disclosed. Stata Labs, based in San Mateo, Calif., released a new version of Bloomba in June in which it added more advanced calendaring and contact features and billed itself as a replacement for Microsoft Outlook. The company also sold spam-blocking software called SAproxy Pro.
Click here to read an eWEEK Labs review of Bloomba.
In a note to customers, Stata Labs said it has stopped selling its products and would refund customers for purchases of software made in the past 30 days. It will continue to support existing customers for one year from the date of purchase, the company said.
Stata Labs also said that there were no plans for Yahoo to sell Bloomba or SAproxy Pro or to offer upgrades of the software.
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As an online reporter for eWEEK.com, Matt Hicks covers the fast-changing developments in Internet technologies. His coverage includes the growing field of Web conferencing software and services. With eight years as a business and technology journalist, Matt has gained insight into the market strategies of IT vendors as well as the needs of enterprise IT managers. He joined Ziff Davis in 1999 as a staff writer for the former Strategies section of eWEEK, where he wrote in-depth features about corporate strategies for e-business and enterprise software. In 2002, he moved to the News department at the magazine as a senior writer specializing in coverage of database software and enterprise networking. Later that year Matt started a yearlong fellowship in Washington, DC, after being awarded an American Political Science Association Congressional Fellowship for Journalist. As a fellow, he spent nine months working on policy issues, including technology policy, in for a Member of the U.S. House of Representatives. He rejoined Ziff Davis in August 2003 as a reporter dedicated to online coverage for eWEEK.com. Along with Web conferencing, he follows search engines, Web browsers, speech technology and the Internet domain-naming system.
