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Tuesday, September 21, 2010

Mail.com Sold Out for $100 Million

 Business, Mail.com, Technology     No comments   

FunkyXone: Mail.com Sold Out for $100 MillionIn its announcement, Los Angeles-based MMC said that it has entered a “strategic partnership” with United Internet AG. As part of the agreement, MMC will remain the “primary global content provider for the Mail.com portal” despite its sale. Mail.com e-mail users will eventually be transferred over to GMX Mail, a subsidiary of United Internet AG. While they’ll get to keep their e-mail addresses, the GMX interface and platform will replace the current Mail.com platform.

The two companies have also agreed to work together to launch properties in international markets, starting with Germany and India.

You may be wondering what will happen to MMC? After all, you can’t really keep Mail.com in your company’s name if you don’t even own it.
MMC realizes this too and promises to share a “new corporate identity” in the coming weeks. In other words, the company is going to change its branding to reflect its focus on publishing digital content from its subsidiaries.
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