J2 Global Communications, a provider of full-range Internet faxing services, announced that they have recently acquired Protus IP Solutions, Inc., which is a Canadian provider of Software-as –a-service (SAAS) to their business market.
Protus offers their principal products under the brand MyFax® which is an Internet fax service provider. With this new acquisition, j2 now has an estimated 1.9 million paid DIDs strategically spread between their fax, voice and unified communications customers.
Through this acquisition, j2 estimates their revenues will be between $69.5 and $71.5 million. “The acquisition of Protus, after expensing deal related costs in the fourth quarter, will be immediately accretive”.
