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j2 Global Acquires Online Backup Business

Cliff Boodoosingh, Editor on October 27, 2011
 
j2 Global Acquires Online Backup Business

LOS ANGELES, Oct 26, 2011 (BUSINESS WIRE) -- j2 Global Communications, Inc. (nasdaqgs:JCOM), the provider of cloud-based services for businesses, today announced that it has acquired the online backup business of C Infinity, an Ireland-based provider of online data backup and hosting services for businesses. j2 Global is online at www.j2global.com and www.j2.com .

"In less than a year, we have built a solid presence in the online backup space through three acquisitions -- leading with KeepItSafe(TM) last October, Data Haven in July of this year, and now, the online back up business of C Infinity," said Hemi Zucker, CEO of j2 Global Communications. "The Data Haven migration has already been completed, and our bullish outlook of the online backup sector, and continued growth in this space, reflects our broader vision to become a 'one-stop-shop' for cloud services for business, whether it be online fax, voice services, email hosting, email marketing or online backup."

Terms of the acquisition were not disclosed and the financial impact to j2 Global is not expected to be material.

About j2 Global Communications

Founded in 1995, j2 Global Communications, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global's network spans more than 4,600 cities in 49 countries on six continents. The Company offers Internet fax, voice and email solutions. j2 Global markets its services principally under the brand names eFax(R), eVoice(R), FuseMail(R), Campaigner(R), KeepItSafe(R) and Onebox(R). As of December 31, 2010, j2 Global had achieved 15 consecutive fiscal years of revenue growth. For more information about j2 Global, please visit www.j2global.com .

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