Nothing but negotiation

The Gap Partnership

Zimo Communications bought by J2 Global

J2 Global has continued its run of acquisitions by buying Zimo Communications.

20 February 2012

Merger and acquisition consultants at cloud services provider J2 Global have used their negotiation skills for the third time this year in order to acquire UK-based Zimo Communications, which specialises in enabling voice over the cloud through Numberstore.

J2 Global, which is based in Los Angeles, did not disclose the details of the acquisition and explained any financial impact caused by the purchase is not anticipated to be material.

Chief executive officer of the firm Hemi Zucker noted this acquisition is the third the firm has made so far in 2012.

Earlier this year, it bought Boston-based Landslide Technologies, which brings relationship management tools to small and medium-sized enterprises.

Leter, it purchased Phoenix firm Offsite Backup Solutions, which expanded the number of cloud-based services the firm provides.

The Zimo Communications acquisition "brings us additional voice customers in the UK", Mr Zucker explained.

He added that the firm now aims to migrate these individuals on to its existing platforms, "providing uninterrupted service while adding features and leveraging the Numberstore momentum".

Posted by Ken Hayes

Source: J2 Global press release, February 16th

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