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j2 Global, Parent Company of KeepITSafe Online Backup, Closes Two European Acquisitions
Expands Custome Base in Europe by adding Virtual PBX business of Buzz Networks Limited, a UK-based provider of voice services
LOS ANGELES, CA, July 11, 2011 –/BackupReview.info/– j2 Global Communications, Inc. (NASDAQGS:JCOM), the provider of cloud-based services for businesses, today announced that it has acquired Data Haven Limited, an Ireland-based provider of online data backup services for businesses, and the Virtual PBX business of Buzz Networks Limited, a UK-based provider of voice services.
“These acquisitions expand our customer base in Europe in two important growth areas for j2 Global,” said Hemi Zucker, CEO of j2 Global Communications, Inc. “The Data Haven acquisition follows our purchase last year of KeepItSafeÂ®, our flagship business grade online data backup provider, and expands our customer base in this space,” said Hemi Zucker, CEO of j2 Global Communications, Inc. â€œWe are encouraged by the organic growth we are experiencing with KeepItSafe and this acquisition underscores our belief that online data backup is an important service to provide our growing base of cloud-based business customers.”
Terms of the acquisition were not disclosed and the financial impact to j2 Global is not expected to be material.
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