Tuesday, October 6, 2020

J2 Global Buys Three Companies, Sells One

Los Angeles-based J2 GLobal, which owns a diverse range of Internet information and services companies, announced this morning that it has acquired three more companies, and--unusually--also has divested one. According to the company, it acquired certain assets of ibVPN, Kickbox, and equity in SpatialBuzz, and sold Fonebox and Zintel Communications, its Australia and New Zealand cloud services voice businesses. Financial details of the acquisitions and sale were not announced by the company. According to J2 Global, the acquisition will help it grow its global customer base, provide access to new markets, and to expand its product lineup.