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VMware Sells Zimbra Assets

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VMware has sold its Zimbra assets to enterprise social software company Telligent. Upon closing, Telligent and Zimbra will merge to form a new software company. Terms of the acquisition were not disclosed.

Zimbra, which will receive investments from Intel Capital, NXT Capital Venture Finance, BDCA, Hall Financial Group and VMware, will offer an unified social collaboration suite.

Zimbra is an enterprise-class email, calendar and collaboration solution, built for the cloud.

[Image courtesy: Zimbra]

Categories:   Business Tech, Companies

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