J2 Global Completes One Acquisition and Two Divestitures in Q1 2021
j2 Global, Inc. (JCOM)
Last j2 global, inc. earnings: 2/10 05:26 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--J2 Global, Inc. (NASDAQ: JCOM), a leading Internet information and services company, announced today that it completed one acquisition and two divestitures in the first quarter of 2021.The acquisition listed below grows J2’s global customer base, provides access to new markets and expands J2’s product lineup. The acquisition includes:HowLongtoBeat (certain assets) Digital Media (USA)Terms of the individual acquisition were not disclosed, and the financial impact to J2 Global is not expected to be material with respect to the acquisition.In addition, J2 Global announced that it has sold City Numbers (divestiture - equity sale) and Callstream (divestiture - equity sale), both part of its United Kingdom Cloud Services business.About J2 Global®J2 Global, Inc. (NASDAQ: JCOM) is a leading internet information and services company consisting of a portfolio of brands including IGN, Mashable, Humble Bundle, Speedtest, PCMag, RetailMeNot, Offers.com, Spicewo
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