iCritical joins forces with j2 Global
Date: May 27, 2014
Category: News Archive
iCritical acquisition expands j2’s email security and archiving business in Europe
j2 Global, Inc. (NASDAQGS:JCOM), the global provider of Internet services, has recently announced the acquisition of Critical Software Ltd., a UK-based Email Security and Management company operating under the brand name iCriticalTM.
This acquisition expands j2’s UK and European email security customer base; sales, support and technical expertise; and infrastructure. It also expands the company’s local presence in the UK, with localised technical expertise, support teams and data centres, which are critical to garnering customer confidence in j2’s cloud services, including iCritical’s suite of email security, web security and secure email archiving services. These services will ultimately become part of j2’s FuseMail® suite of email-related services, significantly expanding the reach of that brand in the UK and Europe.
Under the j2 Global umbrella, the company will continue to offer MailCritical, VaultCritical and WebCritical and over the course of next several months, there will be significant upgrades. iCritical plans to upgrade the current infrastructure and product suite to ensure customers and partners continue to receive excellent service.
“This acquisition reflects our continued interest in building our FuseMail® email security and management business on a global basis and our continued belief that we can generate both growing revenues and cash flows in this space,” said j2’s CEO Hemi Zucker. “It also underscores the importance of the UK market to our company, where we now generate an annualised monthly run rate of over $50 million in revenues and have more than 70 employees across several UK cities.”
Terms of the acquisitions were not disclosed and the financial impact to j2 is not expected to be material.
About j2 Global
j2 Global, Inc. (JCOM) and its affiliates provide Internet services globally 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®, eVoice®, FuseMail®, Campaigner®, KeepItSafe® and Onebox® and operates a messaging network spanning 49 countries on six continents. The Digital Media Division consists of Ziff Davis, LLC, which offers technology, gaming and lifestyle content through its digital properties, which include PCMag.com, IGN.com, AskMen.com, Toolbox.com and others. Ziff Davis also operates NetShelter Powered by BuyerBase, 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.
Fo more information, please contact [email protected]