Wednesday, February 11, 2015
j2 Global Buys Firstway Digital
Los Angeles-based j2 Global> announced this morning that it has made another acquisition, this time of Dublin, Ireland-based Firstway Digital Limited. Firstway is a distributor of digital fax services under the FaxBox name. Financial terms of the buy were not disclosed. j2 Global said it will use the acquisition to grow its internet fax business. The company said it does not expect the financial impact of the deal to be material. j2 Global--which operates two separate business lines, one in the online, cloud services area and the other in the digital media publishing side--has been a ravenous acquirer of companies, particularly in areas like Internet fax, email services, backup, and other cloud services.