j2 Global Acquires Cloud Email Security Distributor, Excel Micro
j2 Global, Inc. (NASDAQGS:JCOM), the global provider of Internet services, today announced the acquisition of Excel Micro Inc., the Philadelphia-based distributor of cloud email security and archiving solutions.
The acquisition expands j2’s U.S. and Canadian email security customer base, reseller channels and channel expertise.
Excel Micro is one of the industry’s premier cloud-based email security distributors. It has built this reputation with an exceptional team that provides superior technical support, sales engineering and training to its over 3,500 channel partners across the globe.
“This acquisition reflects our ongoing efforts to expand and grow our email security business on a global basis, both organically and through acquisitions,” said j2’s CEO, Hemi Zucker. “Excel Micro brings j2 an established brand, customer base, strong partners, distribution channel and a talented team.”
“We welcome Excel Micro employees to the j2 family,” said Harmeet Singh, Managing Director, Email Services Division. “We look forward to working with Excel Micro’s talented employees, partners and resellers to continue to build on it strengths and grow the email security business globally.”
Terms of the acquisition were not disclosed and the financial impact to j2 is not expected to be material.
Learn more at excelmicro.com.
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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(R), eVoice(R), FuseMail(R), Campaigner(R), KeepItSafe(R), Livedrive(R) and Onebox(R), and operates a messaging network spanning 49 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(R) Powered by BuyerBase(R), 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, 2013, j2 had achieved 18 consecutive fiscal years of revenue growth. For more information about j2, please visit www.j2global.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items the ability to successfully integrate and expand Excel Micro’s services into those of j2, to expand and grow j2’s email security business globally and the numerous other factors set forth in j2 Global’s filings with the Securities and Exchange Commission (“SEC”). For a more detailed description of the risk factors and uncertainties affecting j2 Global and its Business Cloud Services Division in particular, refer to j2’s 2013 Annual Report on Form 10-K filed on March 3, 2014, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov and at www.investor.j2global.com. The forward-looking statements provided in this press release are based on limited information available to j2 Global at this time, which is subject to change. Although management’s expectations may change after the date of this press release, j2 Global undertakes no obligation to revise or update these statements.
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