Tuesday, January 14, 2020

J2 Global Acquires Two Companies

Los Angeles-based J2 Global, which owns a large portfolio of Internet services and publications, says it acquired two more companies during Q4 of 2019. The company--which is likely the most active acquirer of companies in Southern California's high tech economy--says it acquired FES IQ, a company in the digital media space, and Buffered VPN, a provider of cloud services based in Gibraltar. Financial details of the two acquisition were not announced, and J2 GLobal said the financial impact of the two acquisition are not expected to be material to the company. J2 Global said the acquisition grew its global customer base, provide it with access to new markets, and expand its product lineup.

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