j2 Global Acquires Online Backup Business of C Infinity
In Ireland
This is a Press Release edited by StorageNewsletter.com on October 31, 2011 at 2:59 pmj2 Global Communications, Inc., provider of cloud-based services for businesses, has acquired the online backup business of C Infinity, an Ireland-based provider of online backup and hosting services for businesses.
"In less than a year, we have built a solid presence in the online backup space through three acquisitions – leading with KeepItSafe last October, Data Haven in July of this year, and now, the online back up business of C Infinity," said Hemi Zucker, CEO of j2 Global Communications. "The Data Haven migration has already been completed, and our bullish outlook of the online backup sector, and continued growth in this space, reflects our broader vision to become a ‘one-stop-shop’ for cloud services for business, whether it be online fax, voice services, email hosting, email marketing or online backup."
Terms of the acquisition were not disclosed and the financial impact to j2 Global is not expected to be material.