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j2 Global Buys Irish Online Backup Firm

Cliff Boodoosingh - OBR EDITOR on October 21, 2010
 
LOS ANGELES, Oct. 21 /PRNewswire-FirstCall/ -- j2 Global Communications, Inc. (NasdaqGS:JCOM - News), the provider of outsourced, value-added messaging and communications services, today announced that it has acquired keepITsafe Data Solutions Ltd., Ireland's largest provider of cloud-based, online backup services.  The acquisition expands j2 Global's cloud-based business services portfolio to now include online data backup in addition to its core Internet fax, voice and email services.  j2 Global brands include eFax®, eVoice®, Onebox®, and Electric Mail®, among others. The company is online at www.j2global.com.

"The acquisition of keepITsafe further expands our services offering and the international scope of our business and gives us an opportunity to reach new markets and customers," said Hemi Zucker, CEO of j2 Global Communications, Inc.  "As companies increasingly rely on electronic data for business critical operations, secure and reliable backup, plus timely recovery, of digital assets is essential. This acquisition brings the expertise of a market leader in online backup to j2 Global, and is a win for both companies."

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. With offices in eight cities worldwide, j2 Global's network spans more than 4,100 cities in 49 countries on six continents. The Company's websites appear in numerous languages, including Dutch, French, German, Spanish, English and more. Payments are accepted in currencies that include the U.S. Dollar, British Pound, Canadian Dollar, Japanese Yen, Euro, Hong Kong Dollar and more. j2 Global provides live sales and customer service support in multiple languages, including English, Spanish, Dutch, German, French, Cantonese and more. j2 Global markets its services principally under the brands eFax®, eFax Corporate®, Onebox®, eVoice® and Electric Mail®. As of December 31, 2009, j2 Global had achieved 14 consecutive fiscal years of revenue growth and eight consecutive fiscal years of positive and growing operating earnings. For more information about j2 Global, please visit www.j2global.com.

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