j2 Global, Inc. (NASDAQGS:JCOM) today announced that is has acquired Zintel Communications, an Australian cloud voice service provider.
"This acquisition brings j2 Global a team of skilled employees and a local office in Australia, positioning the company to expand its cloud service offerings in Australia and throughout the region,” said Hemi Zucker, CEO of j2 Global. “We are committed to enhancing the experience of our new Australian customers by offering them industry-leading service levels and expanded service features, as well as access to our global network reach and wide array of additional cloud services.”
Terms of the acquisitions were not disclosed and the financial impact to j2 Global is not expected to be material.
About j2 GlobalFounded in 1995, j2 Global, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global’s network spans 49 countries on six continents. The Company offers Internet fax, virtual phone, hosted email, email marketing, online backup, unified communications and customer relationship management solutions. j2 Global markets its services principally under the brand names eFax ®, Onebox ®, eVoice ®, Campaigner ®, Fusemail ®, KeepItSafe™ and LandslideCRM™. As of December 31, 201, j2 Global had achieved 16 consecutive fiscal years of revenue growth. For more information about j2 Global, please visit www.j2global.com.“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995, including but not limited to the Company’s statements regarding offering these Australian customers industry-leading service levels, expansion of service offerings and geographically throughout the region, and selling additional services to the acquired customer base. These forward-looking statements are based on management’s current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: service outages or delays, inability to grow and retain the acquired customer base; lack of interest of the acquired customer base in purchasing additional services; failure to successfully migrate the acquired customer’s the Company’s existing platforms; inability to expand throughout the region; inability to protect the Company’s proprietary technology or infringement by the Company of intellectual property of others; adverse changes in the U.S. or international regulatory environments surrounding the Company’s services, including but not limited to the imposition or increase of taxes or regulatory-related fees; and the numerous other factors set forth in j2 Global’s filings with the Securities and Exchange Commission (“SEC”). For a more detailed description of the risk factors and uncertainties affecting j2 Global, refer to the 2011 Annual Report on Form 10-K filed by j2 Global on February, 2012, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov. The forward-looking statements provided in this press release are based on limited information available to the Company at this time, which is subject to change. Although management’s expectations may change after the date of this press release, the Company undertakes no obligation to revise or update these statements.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Check Out Our Best Services for Investors
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.