LOS ANGELES--(BUSINESS WIRE)--j2 Global, Inc. (NASDAQGS: JCOM), the global provider of Internet services, announced today that the Company completed six acquisitions in the first quarter of 2016, spanning three business units and three 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:
|VaultLogix® (Backup, United States)|
|Callstream (Voice, United Kingdom)|
|Yotta280 (Backup, United States)|
|Mailout Interactive (Email Marketing, Canada)|
|GDV server backup assets (Backup, United States)|
|Backup Solutions server backup assets (Backup, United States)|
“We are pleased to report that with the execution of the acquisitions listed above, we have already completed the M&A activity that we planned for with respect to our full year 2016 business outlook,” said j2’s CEO, Hemi Zucker. “We continue to drive growth with acquisitions in our backup, email marketing, and Cloud Connect businesses in North America and Europe and our acquisition pipeline remains robust. We are pleased to welcome our new business colleagues and customers.”
Terms of the individual acquisitions were not disclosed and the financial impact to j2 is not expected to be material.
About j2 Global®
j2 Global, Inc. provides Internet services 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®, Livedrive®, Onebox®, and LiveVault®, and operates a messaging network spanning 50 countries on six continents. The Digital Media Division offers technology, gaming and lifestyle content through its digital properties, which include PCMag.com, IGN.com, AskMen.com, Toolbox.com and others. The Digital Media Division 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, 2015, j2 had achieved 20 consecutive fiscal years of revenue growth. For more information about j2, please visit www.j2global.com.