Filed under: email, language technology, technology
Posted by: Andrew Lampert
Michael Arrington has provided independent confirmation of Laurent Féral-Pierssens’ earlier speculation about Microsoft acquiring Xobni. Looks like your comments may have been right on the money, Laurent (pardon the pun!).
Arrington claims that two independent sources have noted that the deal has legs (presumably one of these being Féral-Pierssens?), although he also notes that “yet another source says the LOI hasn’t been signed by Xobni yet”.
Regarding acquisition price, no-one seems to have any idea yet; Arrington notes that:
I have not yet been able to track down the price, but a previous offer of sub-$20 million was supposedly rejected by Xobni.
It’ll be interesting to see whether this is all just a storm in a tea-cup, or whether MS is really going to bring the Xobni technology in-house. If so, let’s just hope the innovation shown by Xobni so far isn’t swamped by the inertia of such a large company.
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[...] speculation continues about whether Microsoft will acquire the company, Xobni is pressing on with its development [...]
Pingback by Xobni for Yahoo Mail | Thoughtlets 04.29.08 @ 9:08 amAccording to Erick Schonfeld’s “source close to the negotiations”, Xobni is walking away from the proposed Microsoft acquisition due to uncertainty about the future of Xobni within MS.
… the deeper that Xobni got into the discussions, the less comfortable it felt about its eventual fate inside the Microsoft machine. The fear was that Xobni would end up nothing more than a feature of Outlook. Microsoft wanted the entire team to move up to Redmond, and was vague in its answers about what it had planned for that team, or the product. In the end, the body language just wasn’t there.
See http://www.techcrunch.com/2008/04/30/xobni-walks-away-from-a-microsoft-deal/ for more comments and speculation.
Comment by Andrew Lampert 05.01.08 @ 12:06 pmLeave a comment
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