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#1 ajaymatrix  Icon User is offline

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Google to Acquire Postini

Post icon  Posted 10 July 2007 - 05:19 AM

Google Inc. (NASDAQ: GOOG) announced today that it has signed a definitive agreement to acquire Postini, a global leader in on-demand communications security and compliance solutions serving more than 35,000 businesses and 10 million users worldwide. Postini's services -- which include message security, archiving, encryption, and policy enforcement -- can be used to protect a company's email, instant messaging, and other web-based communications. Under the terms of the agreement, Google will acquire Postini for $625 million in cash, subject to working capital and other adjustments, and Postini will become a wholly-owned subsidiary of Google. The agreement is subject to customary closing conditions and is expected to close by the end of the third quarter 2007.

read the full article at

http://www.google.co...i_20070709.html

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Replies To: Google to Acquire Postini

#2 skyhawk133  Icon User is offline

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Re: Google to Acquire Postini

Posted 10 July 2007 - 06:36 AM

Do you think this will help address the privacy concerns google has been plagued with lately?
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#3 ajaymatrix  Icon User is offline

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Re: Google to Acquire Postini

Posted 10 July 2007 - 09:58 AM

definitely..
but I see one more aspect to this takeover...
Every time Google comes up with an acquisition plan,its stock value have risen..
and this time it rose by around $4 per share..
So this can be seen also in the light of a buy and grow strategy..
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#4 static-dragon  Icon User is offline

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Re: Google to Acquire Postini

Posted 11 July 2007 - 09:02 AM

I think this will help Google all around, not only with the privacy issues they have.
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