Acquisition expands j2’s email security and archival business in
Europe
LOS ANGELES -- (Business Wire)
j2 Global, Inc. (NASDAQGS:JCOM), the global provider of Internet
services, today announced the acquisition of Critical Software Ltd., a
UK-based Email Security and Management company operating under the brand
name iCriticalTM.
This acquisition expands j2’s UK and European email security customer
base; sales, support and technical expertise; and infrastructure. It
also expands the company’s local presence in the UK, with localized
technical expertise, support teams and data centers, which are critical
to garnering customer confidence in j2’s cloud services, including
iCritical’s suite of email security, web security and secure email
archiving services. These services will ultimately become part of j2’s
FuseMail® suite of email-related services, significantly
expanding the reach of that brand in the UK and Europe.
“This acquisition reflects our continued interest in building our
FuseMail® email security and management business on a global
basis and our continued belief that we can generate both growing
revenues and cash flows in this space,” said j2’s CEO Hemi Zucker. “It
also underscores the importance of the UK market to our company, where
we now generate an annualized monthly run rate of over $50 million in
revenues and have more than 70 employees across several UK cities.”
Terms of the acquisitions were not disclosed and the financial impact to
j2 is not expected to be material.
About j2 Global
j2 Global, Inc. (JCOM)
and its affiliates provide Internet services globally through two
divisions: Business Cloud Services and Digital Media. The Business Cloud
Services Division offers Internet fax, virtual phone, hosted email,
email marketing, online backup, unified communications and CRM
solutions. It markets its services principally under the brand names eFax®,
eVoice®, FuseMail®, Campaigner®,
KeepItSafe® and Onebox® and operates a messaging
network spanning 49 countries on six continents. The Digital Media
Division consists of Ziff Davis, LLC, which offers technology, gaming
and lifestyle content through its digital properties, which include PCMag.com,
IGN.com,
AskMen.com,
Toolbox.com and others. Ziff Davis also operates NetShelter Powered by
BuyerBase, an advanced digital ad targeting platform, and Ziff Davis
B2B, a leading provider of research to enterprise buyers and leads to IT
vendors. As of December 31, 2013, j2 had achieved 18 consecutive fiscal
years of revenue growth. For more information about j2, please visit www.j2global.com.
Contacts:
j2 Global, Inc.
Laura Hinson, 800-577-1790
press@j2.com
Source: j2 Global, Inc.
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