Two Austin-based Companies Acquired by j2 Global of Los Angeles

122.w700.r1j2 Global, based in Los Angeles, announced this week it has completed the acquisition of two Austin-based companies.

j2 Global bought Offers.com, a digital media company based in Austin and MX Toolbox, founded in 2004, which provides managed IT services for small businesses worldwide. The terms of the deal were not disclosed.

Offers.com, a coupon, codes and deal site founded in 2003, has raised $7 million in venture capital, according to its CrunchBase profile.

“j2’s M&A program ended 2015 on a very high note,” j2’s CEO, Hemi Zucker said in a news release. “We are committed to drive growth globally, in part through acquisition, and completed twenty-four acquisitions in 2015 with that objective in mind. We are pleased to welcome our new business colleagues and customers around the world.”

The company also acquired Ausweb, a hosting company in Australia and On Demand Recovery, a backup computer company based in the United Kingdom.

j2 provides Internet services through its business cloud services division and its digital media division. Its business cloud services division offers Internet fax, virtual phone, hosted email, email marketing, online backup, unified communications and CRM solutions. Its digital media division offers technology, gaming and lifestyle content through its digital properties including IGN, PCMag, AskMen, Speedtest, ExtremeTech, Geek, Toolbox, TechBargains, Ziff Davis B2B and emedia.

Comments

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