J2 Global Completes Two Acquisitions in Q2 2021

Rhea-AI Summary

J2 Global, Inc. (NASDAQ: JCOM) announced the completion of two acquisitions in Q2 2021, expanding its customer base and product offerings. The acquired entities include Moz, a marketing technology company, and DailyOM, which focuses on health. While specific financial terms were not disclosed, J2 stated the acquisitions are not expected to materially impact its financial performance. J2 continues to thrive with a portfolio of brands reaching over 240 million users monthly and boasting 25 consecutive years of revenue growth.

Positive

• Expansion of global customer base through acquisitions.
• Access to new markets in marketing technology and health sectors.
• Continued strong brand presence with over 240 million users monthly.

Negative

• None.

J2 Global, Inc. (NASDAQ: JCOM), a leading Internet information and services company, announced today that it completed two acquisitions in the second quarter of 2021.

The acquisitions listed below grow J2’s global customer base, provide access to new markets and expand J2’s product lineup. The acquisitions include:

Moz (stock)	Marketing Technology (USA)
DailyOM (assets)	Health (USA)

Terms of the individual acquisitions were not disclosed, and the financial impact to J2 Global is not expected to be material with respect to those acquisitions.

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, Spiceworks, Ekahau, Everyday Health, BabyCenter and What To Expect in its Digital Media business and eFax, eVoice, iContact, Campaigner, Vipre, and IPVanish in its Cloud Services business. J2 reaches more than 240 million people per month across its brands. As of December 31, 2020, J2 had achieved 25 consecutive fiscal years of revenue growth. For more information about J2, please visit www.j2global.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005004/en/

FAQ

What acquisitions did J2 Global make in Q2 2021?

J2 Global acquired Moz, a marketing technology company, and DailyOM, focused on health.

What is the expected financial impact of the acquisitions by J2 Global?

The financial impact of the acquisitions is not expected to be material to J2 Global.

How does J2 Global's customer reach compare before the acquisitions?

J2 Global reaches over 240 million people monthly, enhancing its market presence with the new acquisitions.

Did J2 Global disclose the terms of its recent acquisitions?

No, the specific financial terms of the acquisitions were not disclosed.