Yahoo! Acquires Stata Labs
Makers of Bloomba e-mail program and SAProxy Pro anti-spam software acquired by search giant for undisclosed sum.
Yahoo appeared to move a step closer to challenging Google in searchable Web mail, acquiring Stata Labs, best known for its Bloomba e-mail client software and its SAProxy Pro anti-spam tools, has been acquired by Yahoo! for an undisclosed sum.
It was Yahoo's second purchase this year of an e-mail startup following the July acquisition of Oddpost. 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.
- How Attackers Identify and Exploit Software and Network Vulnerabilities
- Quick Tips for Managing Mobile Users
White PapersMore >>
- Strategy: 3 Steps to a Hands-Free Cloud
- Best Practices: Using Apple's Global Proxy to Boost Mobile Security
That's exactly what Stata Labs found in Yahoo!, the company's namesake, co-founder and chief technology officer, Raymie Stata, said in an e-mail on Thursday. "For me, after a few months of serving on Yahoo's scientific advisory board, and seeing some of the amazing things going on there and the innovative culture they are fostering, I saw an excellent opportunity for the Stata team to operate on a bigger and more impactful playing field," Stata said.
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. That could indicate plans to incorporate the underlying technology in an e-mail client that could compete with Gmail, which Google launched in April and which offers users full searching of their own e-mail boxes and 1 gigabyte of space to store messages.
Neither Stata Labs nor Yahoo could immediately be reached for financial details on the acquisition. However, in in a letter to users and in a note on its web site, Stata Labs said there were currently no specific plans regarding how to develop or deploy Stata's products. The letter added that users who bought any Stata Labs products within the last 30 days may ask for a refund and that premium support services would no longer be available for any Bloomba products. Standard unpaid web-based support will be continued for one year.
Bloomba's appeal had increased this year with the addition of searchable calendaring to its e-mail and contact database. E-mail serves as a powerful magnet that draws people to the companies' Web sites, which depend on a steady flow of traffic to increase advertising revenue. The other e-mail company acquired by Yahoo this year, Oddpost, made a Web-based product radically different in approach from Bloomba but equally praised for simplifying the Internet's most popular application.