J2 Global Completes Three Acquisitions and One Divestiture in Q3 2020
October 06 2020 - 7:00AM
Business Wire
J2 Global, Inc. (Nasdaq: JCOM), a leading Internet information
and services company, announced today that the Company completed
three acquisitions and one divestiture in the third quarter of
2020.
The acquisitions listed below grow the Company’s global customer
base, provide access to new markets and expand J2 Global’s product
lineup. The acquisitions include:
ibVPN (certain assets)
Cloud Services (Romania)
Kickbox (certain assets)
Cloud Services (Canada)
SpatialBuzz (equity)
Digital Media (U.K.)
Terms of the individual acquisitions were not disclosed, and the
financial impact to J2 Global is not expected to be material with
respect to those acquisitions.
In addition, J2 Global announced that it has sold Fonebox and
Zintel Communications (divestiture - equity sale), its Australia
and New Zealand Cloud Services voice businesses.
About J2 Global
J2 Global, Inc. (NASDAQ: JCOM) is a leading Internet information
and services company consisting of a portfolio of brands including
IGN, Mashable, Humble Bundle, Speedtest, PCMag, Offers.com,
Spiceworks, Everyday Health, BabyCenter and What To Expect in its
Digital Media segment and eFax, eVoice, iContact, Campaigner,
Vipre, IPVanish and KeepItSafe in its Cloud Services segment. J2
Global reaches over 230 million people per month across its brands.
As of December 31, 2019, J2 Global had achieved 24 consecutive
fiscal years of revenue growth. For more information, visit:
www.j2global.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201006005165/en/
Scott Turicchi (800) 577-1790 J2 Global, Inc.
investor@j2.com
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