Unified Communications Industry News


TMCNet:  j2 Global Completes Four Acquisitions in Q2 2017

[July 17, 2017]

j2 Global Completes Four Acquisitions in Q2 2017

j2 Global (News - Alert), Inc. (NASDAQ: JCOM), the global provider of Internet services and Digital Media, announced today that the Company completed four acquisitions in the second quarter of 2017, spanning three business units and four countries.

The acquisitions listed below grow the Company's global customer base, provide access to new markets and expand j2's product lineup. The acquisitions include:



MyPhoneFax (Fax87, Onlinefaxes.com)         Cloud - Fax (U.S.A.)
CloudRecover Cloud - Backup (Australia)
WeCloud Cloud - Email (Sweden)
Simitu Cloud - Email (Denmark)
 

In addition, j2 announced that it has sold Cambridge BioMarketing LLC, a subsidiary of Everyday Health, Inc.

Terms of the individual acquisitions and the divestiture were not disclosed, and the financial impact to j2 is not expected to be material with respect to those acquisitions and the divestiture.

About j2 Global

j2 Global, Inc. (NASDAQ: JCOM) provides Internet services through two segments: Business Cloud Services and Digital Media. The Business Cloud Services segment offers Internet fax, virtual phone, unified communications, hosted email, email marketing, online backup and CRM solutions. It markets its services principally under the brand names eFax®, eVoice (News - Alert)®, Onebox®, FuseMail®, Campaigner®, KeepItSafe®, Livedrive® and LiveVault®, and operates a messaging network spanning 50 countries on six continents. The Digital Media segment offers technology, gaming, lifestyle and healthcare content through its digital properties, which include PCMag, IGN, AskMen, Speedtest, Offers, ExtremeTech, Geek, Toolbox, Techbargains, emedia, Salesify, Everyday Health and others. As of December 31, 2016, j2 had achieved 21 consecutive fiscal years of revenue growth. For more information about j2, please visit www.j2global.com.


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