The New York Times has recently published two interesting articles for Penn State entrepreneurs. The first appeared today, If You Use Outlook E-Mail, Meet Xobni, heralding Xobni’s emergence from private beta. After more than seven months of being invitation-only, the product for Microsoft Outlook is now available for public download. The article [...]

In late February, TechCrunch reported on rumors of Xobni’s potential acquisition by Microsoft. Today, TechCrunch writes that Xobni had indeed been in negotiations with Microsoft and had proceeded to sign a letter of intent. However, Xobni has apparently walked away from the $20 million dollar deal, apparently over concerns of its future after [...]

TechCrunch posted today that Xobni, co-founded by PSU-alum Matt Brezina, is in acquisition discussions with Microsoft. According to the post, the first offer was sub $20 million and they are negotiating. This would be a big win for a Penn State entrepreneur, as well as another Y Combinator-backed venture.