j2 Global Acquires Australian Web Hosting Firm Web24

Los Angeles-based internet services giant j2 Global is continuing to build out its vast empire of Internet services, saying this morning that it has acquired Australian web hosting company Web24 Group Pty Ltd.. Financial terms of the buy were not disclosed. Web24 was based in Melbourne, Australia, and offers up domain name, web hosting, dedicated and share servers, and more to the small and mid-sized business market. j2 Global said the acquisition moves the company into the web hosting arena. j2 Global owns a huge variety of Internet services, ranging from Internet fax and virtual phone, to email marketing, online backup, unified communications, and more. The company has been a very active acquirer of companies across the globe.