• kara.allthingsd.com, Monday, September 21, 2009 2 PM

Less than three years after acquiring the Web mail client for $350, Yahoo is reportedly shopping around Zimbra. Seeking to streamline and slim down its business efforts, Yahoo already has other assets on the block, including its personals business, and its HotJobs online classified unit.

Zimbra is apparently being shopped around by its top mergers and acquisitions exec Greg Mrva. Backed by Benchmark Capital, Redpoint Ventures and Accel Partners, Zimbra's main business was to provide clients -- including Comcast, many ISPs and colleges -- with white-label email software capabilities. The price Yahoo will get, some are speculating, will be significantly lower that what it paid for Zimbra.

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