Today, I am pleased to announce that Telligent has acquired Zimbra from VMware. Zimbra is an enterprise-class email, calendar and collaboration solution, built for the cloud – public, private and hybrid. A leader in messaging and collaboration, Zimbra powers more than 100 million mailboxes worldwide. Why the combination of traditional collaboration from Zimbra with social collaboration from Telligent?
Email is a $4.9 billion market and represents nearly half of the more than $10 billion collaboration market. The combination of Zimbra and Telligent puts the company in a position to better capture a significant portion of this market share from traditional collaboration businesses. And, contrary to our competitors, Telligent has always remained steadfast in our belief that social isn’t a replacement for email – it’s a complement to email.
With software-as-a-service and rich capabilities through HTML5, there is an evolution happening in how people work – specifically, they are moving away from traditional desktop applications. With Zimbra's proven collaboration platform coupled with Telligent social user experiences, we will create a new experience for how people communicate and work together. This integration creates a clear value proposition for businesses that are investing in both traditional collaboration and social business.
In addition to bringing together complementary technology platforms, the acquisition of Zimbra brings together two exceptional companies with talented people. Zimbra and Telligent share a legacy of innovation, vibrant partner programs and commitment to customers. Over the next 90 days, Telligent and Zimbra will merge to form Zimbra, a new software company offering a unified social collaboration suite built for the post-PC era.
With financial support of Intel Capital, NXT Capital Venture Finance, BDCA, Hall Financial Group and VMware, the acquisition and merger will accelerate the growth and leadership of the combined company. Led by an integrated management team, the combined company will have a global base of more than 5,000 customers and 400 partners, with offices in Dallas, Palo Alto, Tokyo, London and Pune, India.
We remain committed to serving our customers, partners, employees and open source community. Over the coming days and weeks, you can expect an ongoing stream of communication from Telligent and Zimbra. We hope that you are as excited as we are about what’s to come – a new company for a new era of collaboration.
More information on the acquisition and merger is available in the press release.
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