J2 Global Makes U.K. AcquisitionThursday, February 16, 2012
J2 Global Inc. on Thursday said it has acquired Zimo Communications Ltd., a United Kingdom provider of Internet cloud voice services under the Numberstore brand.
The Hollywood provider of e-mail, messaging and online data backup services said that the deal, terms of which were not disclosed, primarily brings the company additional voice customers in Europe. It’s the company’s third acquisition this year.
Zimo is based in the Manchester suburb of Cheshire. "We will now work to migrate these customers onto our existing platforms, providing uninterrupted service while adding features and leveraging the Numberstore momentum,” said Chief Executive Hemi Zucker in a statement.
Shares were up 30 cents, or less than 1 percent, to $30.24 in midday trading on the Nasdaq.