Yahoo! Completes Four11 Acquisition
Posted on October 24, 1997
Yahoo! Inc. today announced it has successfully completed the acquisition of Four11 Corporation, an online communications and directory company. Four11 is the creator of several directory s ervices, including e-mail, phone and address listings, along with Internet-based communications services such as net-phone software tools and RocketMail, a free Web-based service. Yahoo!® recently introduced Yahoo! Mail, a free, Web-based e-mail service based on RocketMail technology.
Yahoo! plans to leverage Four11's offerings to complement and grow Yahoo!'s already robust communications services, which currently include chat, message boards, classifieds, yellow pages and white pages. Moving forward, Yahoo! will continue to grow the Four11 directory and net phone services and integrate them into the Yahoo! network of properties.
