Filed under: Business, Finance, Google
Google to Acquire Postini, for added security
Another company prepares to enter the Googleplex, this time it's going to help out Google Apps users with security, archiving and policy enforcement. The acquisition of Postini announced this morning will help Google deliver their hosted applications to businesses, adding in another level of complex information security for organizations. Postini's solutions include Email Security, IM Security, Web Security, Message Archiving, Message Encryption and Policy Enforcement. With the new deal, Google will provide Organizations high quality communications tools, without the expense of on-site solutions while still maintaining the quality and complex information security mandates organizations demand.
Google put up $625 Million for Postini, who will become a wholly owned subsidiary. The agreement is scheduled to close by the end of the third quarter. Google will host a few conference calls to discuss the acquisition. The first conference call will be held at 6:30 a.m. Pacific Time (9:30 a.m. Eastern Time). The second conference call will be held at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time). Live audio webcasts of the conference calls will be available at http://investor.google.com/webcast.html.
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Reader Comments (Page 1 of 1)
employee said 10:43AM on 7-09-2007
I work for Postini and we just found out about this 2 hours ago. Not sure if this is good for us from a job standpoint, but we do have a pretty cool product that fits in well with Google
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Chris Gilmer said 10:47AM on 7-09-2007
employee - Im sure its good news, even from a job standpoint. Not only does it sound like Google is set to really help build Postini's offerings, but you now have easier access to other Google jobs that might interest you. And there are a lot of them open!
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kel said 11:41AM on 7-09-2007
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Damon said 1:57PM on 7-09-2007
I had a friend that used to work for Postini quite a few years ago, I even went in to meet some of the managers in their sales office. Congrats to Postini on the payday.
Also, online security is very important as noted by Google's purchase. The next big online security company is Webargos, check them out at Webargos.com
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Nick said 3:34PM on 7-09-2007
The guys over at BackChannel have some empiricle analysis on the customer numbers behind this acquisition. Shows how Postini got to be so dominant in the Fortune 1000 market, and how far behind Microsoft are with FrontBridge who they bought a while back.
http://thebackchannel.blogspot.com
Nick
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