Yahoo has quietly purchased e-mail software company Stata Labs, in what could be an investment in a coming PC search tool to rival Google and Microsoft.
Stata Labs, a privately held company based in San Mateo, Calif., sells an e-mail application called Bloomba that lets people search message text and attachments. Sunnyvale, Calif.-based Yahoo apparently bought the underlying technology of Stata Labs and does not intend to continue sales of Bloomba.
