Monday, July 11, 2011

j2 Global Buys Two European Firms

Los Angeles-based j2 Global Communications, the operator of online communications and fax services, said today that it has acquired two European companies. j2 said it acquired Data Haven Limited, an online data backup service for businesses based in Ireland, and the virtual PBX business of Buzz Networks Limited, based in the UK. Financial terms of the acquisitions were not disclosed. j2 said the impact of the acquisitions on its finances was not expected to be material. The company explained that both acquisitions will help extend its customer base in Europe.

---