Yahoo! Mail
Yahoo! made a deal with the online communications company Four11 for co-branded white pages. Marvin Gavin, who worked at Four11 as the Director of International Business Development, said "We always had a bias about being acquired by Yahoo. They were more entrepreneurial than Microsoft. We had a great cultural fit – it made a lot of sense." In the end, Yahoo! acquired Four11 for $96 million. The purpose behind acquiring Four11 was the company's RocketMail webmail service, which launched in 1997. Yahoo! announced the acquisition on October 8, 1997, close to the time that Yahoo! Mail was launched. Yahoo! chose acquisition rather than internal platform development, because, as Healy said, "Hotmail was growing at thousands and thousands users per week. We did an analysis. For us to build, it would have taken four to six months, and by then, so many users would have taken an email account. The speed of the market was critical."
Mail.com
By 1999 the company had raised venture financing from Primus Capital Funds and Sycamore Ventures, and changed its name to mail.com. It conducted an initial public offering in June 1999. By 2000 it was supporting 14.6 million email accounts, mostly for free, and remained unprofitable. It sold the mail.com domain and consumer email services division to Net2Phone, changed its name to Easylink, and changed its business operations to focus on managed file transfer services in April 2001, after acquiring Swift Telecommunications, which in turn had spun off the "Easylink" business unit from AT&T.