TMCnet News
j2 Global acquires Zimo CommunicationsFeb 17, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- j2 Global, Inc., a US-based provider of cloud services for business, has acquired Zimo Communications, Ltd., a UK-based operator of a public electronic communications network and provider of telecoms services. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2012-02-16 Deal Participants Target (Company) Zimo Communications, Ltd. Acquirer (Company) j2 Global Communications, Inc. Deal Rationale The acquisition will provide j2 Global additional voice customers in the UK. |
