Yahoo to Acquire Xoopit for About $20 Million
source: http://kara.allthingsd.com/20090721/yahoo-acquires-xoopit/
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- sarahlane
- added this
Kara Swisher always has the inside track on Yahoo! news:
Yahoo plans on announcing Thursday that it has bought Xoopit for a price in the $20 million range, according to several sources, one of its first acquisitions in a long while.
Reached late this afternoon by BoomTown, a Yahoo (YHOO) spokeswoman declined to comment about the acquisition. Xoopit did not respond to emails earlier today.
But sources said it was a done deal to buy the San Francisco-based social email start-up that finds photos, video, links and other files in email so that users can surface and then share them on many sites. It also has other products that essentially enliven email.
Xoopit’s investors–Accel Partners and Foundation Capital, along with several angel investors–have pumped about $6.5 million into the company since 2006.
According to sources, Yahoo was first impressed with its innovative plug-in that works with Gmail from Google (GOOG), and has been looking at the company for a while, previously offering about $10 million for it.
Entire article here: http://kara.allthingsd.com/20090721/yahoo-acquires-xoopit/
Yahoo plans on announcing Thursday that it has bought Xoopit for a price in the $20 million range, according to several sources, one of its first acquisitions in a long while.
Reached late this afternoon by BoomTown, a Yahoo (YHOO) spokeswoman declined to comment about the acquisition. Xoopit did not respond to emails earlier today.
But sources said it was a done deal to buy the San Francisco-based social email start-up that finds photos, video, links and other files in email so that users can surface and then share them on many sites. It also has other products that essentially enliven email.
Xoopit’s investors–Accel Partners and Foundation Capital, along with several angel investors–have pumped about $6.5 million into the company since 2006.
According to sources, Yahoo was first impressed with its innovative plug-in that works with Gmail from Google (GOOG), and has been looking at the company for a while, previously offering about $10 million for it.
Entire article here: http://kara.allthingsd.com/20090721/yahoo-acquires-xoopit/
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sarahlane
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Agreed, I found a lot of errant videos and pics just by doing a Gmail sweep... stuff I really cared about, but had forgotten!
- 2 years ago
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sarahlane
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shocksopping
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sarahlane:
Yeah, probly shouldn't admit this, but I find TONS of funny cat/kitten videos in my inbox from years ago when I first installed it, and continue to watch them.
- 2 years ago
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shocksopping
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shocksopping
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I love Xoopit! I've had it for about a year now I guess, and find it almost as useful as Remember the Milk (rememberthemilk.com).
- 2 years ago
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shocksopping
