Yahoo purchased Maktoob.com today. Yahoo expects Maktoob, which began as the first Arabic-language email provider, to permit it access to the Arab market. It hasn’t had terribly good luck expanding into that sector thus far, and acquiring a locally developed business may be a more effective way to do so. Very exciting for Maktoob … check out Fadi Ghandour (@fadig) on Twitter for one example of the enthusiasm this merger has generated.
