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j2 Global Completes Acquisition of CloudRecover Cloud in 2Q7

Specialized in backup in Australia

j2 Global, Inc., provider of Internet services and digital media, completed four acquisitions in the second quarter of 2017, spanning three business units and four countries.

The acquisitions listed below grow the company’s global customer base, provide access to new markets and expand product lineup.

The acquisitions include:
• MyPhoneFax (Fax87, Onlinefaxes.com) Cloud – Fax (USA)
CloudRecover Cloud – Backup (Australia)
• WeCloud Cloud – Email (Sweden)
• Simitu Cloud – Email (Denmark)

In addition, j2 announced that it has sold Cambridge BioMarketing LLC, a subsidiary of Everyday Health, Inc.

Terms of the individual acquisitions and the divestiture were not disclosed, and the financial impact to j2 is not expected to be material with respect to those acquisitions and the divestiture.

As of December 31, 2016, j2 had achieved 21 consecutive fiscal years of revenue growth.

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