Friday, October 22, 2004

WSJ.com - Yahoo Acquires Stata Labs

WSJ.com - Yahoo Acquires Stata Labs: "Yahoo Inc. appeared to move a step closer to challenging Google Inc. in searchable Web mail, acquiring the start-up behind the powerful e-mail application Bloomba.
It was Yahoo's second purchase this year of an e-mail start-up following the July acquisition of Oddpost Inc.
Bloomba was launched last year by San Mateo, Calif.-based Stata Labs. Many analysts praised it as being more nimble and elegant than Microsoft's Outlook, but doubted Bloomba could survive without a larger patron.
...
However, the $60 product will be discontinued and Yahoo has no plans to sell Bloomba or its accompanying spam filter software, SA Proxy Pro, Stata Labs said on its Web site."

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