j2 Global Acquired Offsite Backup Solutions

j2 Global, Inc., provider of cloud-based services for businesses, has acquired substantially all of the assets of Offsite Backup Solutions, LLC, a Phoenix-based provider of online backup solutions.

"This acquisition brings us an established customer base of online backup services in the U.S., marking our launch of online backup services in the U.S., and expands our suite of U.S.-based cloud services for business," said Hemi Zucker, CEO of j2 Global. "We intend to roll these customers onto our flagship KeepItSafe brand, which currently operates exclusively in Europe, and to continue to expand our worldwide base of KeepItSafe customers through a combination of internal growth and tuck in acquisitions."

Terms of the acquisitions were not disclosed and the financial impact to j2 Global is not expected to be material.

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