J2 Global Makes Another 'Cloud' Services AcquisitionOriginally published February 6, 2012 at 10:09 a.m., updated February 6, 2012 at 3:33 p.m.
J2 Global Inc. has acquired Landslide Technologies Inc., a Boston provider of online customer relationship management services for small to mid-sized businesses.
The Hollywood provider of e-mail, messaging and online data backup services said on Monday that Landslide will expand its cloud-based services and add to its customer base of more than 2 million paid cloud service subscribers
“Landslide brings us a proven … platform for small to mid-sized businesses,” said Chief Executive Hemi Zucker in a statement. “It also provides us an additional value-added service to sell through our existing sales channels.”
J2 Global did not disclose terms of the deal, but said the financial impact was not expected to be material. The acquisition is the company’s second this year. Last month it acquired the assets of Offsite Backup Solutions LLC, a Phoenix provider of online data backup.
Shares closed down 2 cents, or less than 1 percent, to $29.18 on the Nasdaq.