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j2 Global Buys Offsite Backup Solutions, LLC

Cliff Boodoosingh, Editor-in-Chief on January 23, 2012
 
JAN. 23 - LOS ANGELES--(BUSINESS WIRE)-- j2 Global, Inc. (NASDAQ:JCOM - News), the provider of cloud-based services for businesses, today announced that it has acquired substantially all of the assets of Offsite Backup Solutions, LLC, a Phoenix-based provider of online backup solutions.

“This acquisition brings us an established customer base of online backup services in the U.S., marking our launch of online backup services in the U.S., and expands our suite of U.S.-based cloud services for business,” said Hemi Zucker, CEO of j2 Global. “We intend to roll these customers onto our flagship KeepItSafe® brand, which currently operates exclusively in Europe, and to continue to expand our worldwide base of KeepItSafe customers through a combination of internal growth and tuck in acquisitions.”

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

About j2 Global™

Founded in 1995, j2 Global, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global’s network spans more than 4,700 cities in 49 countries on six continents. The Company offers Internet fax, voice, online backup and email solutions. j2 Global markets its services principally under the brand names eFax®, eVoice®, FuseMail®, Campaigner®, KeepItSafe® and Onebox®. 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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