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Wednesday, July 14, 2004

Yahoo acquires Oddpost to bolster e-mail | CNET News.com:
"By Matt Hines and Stefanie Olsen - Staff Writer, CNET News.com

Online portal Yahoo has agreed to buy Oddpost.com, a vendor of online e-mail and news services, for an undisclosed sum.

The two companies confirmed Yahoo's plan to purchase Oddpost on Monday, but disclosed few details about the buyout. According to a source familiar with the acquisition, Yahoo paid close to $30 million for the company. Oddpost's 10 employees, based in San Francisco, will now report to Yahoo's Sunnyvale headquarters..."

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