j2 Global's Excel Micro Adds Nuvotera
j2 Global's (JCOM's) Excel Micro business has acquired the assets of Nuvotera (formerly Spam Soap), a California-based email security services company and cloud services aggregator for managed service providers (MSPs) and value-added resellers (VARs). Here's everything you need to know.
j2 Global‘s (JCOM’s) Excel Micro business has acquired the assets of Nuvotera (formerly Spam Soap), a California-based email security services company and cloud services aggregator for managed service providers (MSPs) and value-added resellers (VARs), the company announced today in a statement.
Financial terms of the transaction were not disclosed. It was unclear if the “asset” sale included employees of Nuvotera or if those employees were not invited to join j2 Global. j2 Global did not respond to MSPmentor‘s requests for comment.
Nuvotera launched its cloud services aggregation platform at IT Nation 2013. The platform enables MSPs and VARs to source and manage multiple online applications for customers. Today, Nuvotera is “a trusted supplier of email security and one of the largest cloud email security providers in the U.S.,” according to j2 Global CEO Hemi Zucker.
Excel Micro’s addition of Nuvotera could help the software-as-a-service (SaaS) distributor extend its email security services market reach, Zucker said in a prepared statement.
“This acquisition … [represents] our commitment to expansion in the email security space,” he said in the statement.
j2 Global also said that the acquisition of Nuvotera enables Excel Micro to solidify its position as “one of the largest email SaaS distributors in North America.”
j2 Global’s cloud services revenues rose 19 percent year over year to $94.6 million in the fourth quarter of 2014, thanks in part to its email and backup businesses.
“2014 was an excellent year for j2 during which we experienced strong growth in all operating lines of business,” Zucker said in a prepared statement. “Our cloud services segment saw its most significant growth in the email and backup businesses, growing both organically and through M&A.”
j2 Global continues to explore ways to add to its email and backup business portfolio, too.
The Internet services giant last month acquired TestudoData, a Mount Vernon, Washington-based information security services provider, and extended a tender offer for all outstanding shares of cloud backup services company Carbonite (CARB).
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