07.09.07
Google Buys Postini for $625M in Cash
Google just announced that they are going to buy Postini, a spam and virus-filtering company for over $600 million USD.
Delaware.Net uses/offers Postini services as a reseller, and the price is right - $1 per user. Postini catches almost all spam and viruses before they reach your inbox. This saves hosting companies time and money and allows users to gain access to the control panel that is doing the filtering, so that you can see the spam that is sitting in the quarantine on Postini’s servers.
It will be interesting to see if privacy advocates get up in arms about this or not. Postini routes the email of 5,000,000 users.
Press release sent to me from Postini:
Google has announced their plans to acquire Postini.
This is great news for Postini customers. Postini has always had aggressive plans for the future. We have excellent solutions and a loyal and strong customer and partner base, thanks to you. The opportunity to become part of Google will allow us to accelerate our growth and leverage the scale and resources of this great company.
What does this mean to you? It will be business as usual at Postini. We will continue developing new solutions in compliance and enhancing our core communications security services. We will continue to support you and honor all contracts. You will receive the same quality, value, and service from Postini that you have come to expect.
Postini and Google are an excellent match. Google is interested in Postini as part of their strategy to deliver compelling hosted applications to business of all sizes. As you know we already have a partnership in this area. The Postini product line for secure messaging infrastructure and providing compliance solutions are very complementary to Google Apps including Gmail, Calendar, Talk, Docs & Spreadsheets. Google already has 100,000 customers for these services today. Together Postini and Google will become the next-generation Software as a Service (SaaS) company.
Please visit the Postini Community Forum, and stay tuned for more updates through our website, email, and other vehicles.
The acquisition is expected to close by the end of third quarter 2007. Until then, we will continue to operate as an independent company and it is “business as usual”. Please watch your email for an invitation to a special webinar for customers and partners.
Click here for additional information.
Regards,
Quentin Gallivan
President and Chief Executive Officer
Postini, Inc.
More Info:
Release on the Postini web site
Marketwatch
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