Google Buys Postini
Google announced that it has acquired web security firm Postini for US $625 Million in cash.
Postini is best known for its corporate spam filtering and security service, but is also active in Instant Messaging and compliance areas.
Postini bosts 35,000 businesses as customers and 10 million users, according to Google.
This strategic purchase by Google afirms the search giant’s comitment to become a leader in software applications
Here is what Eric Schmidt, chairman and CEO of Google said about the landmark purchase:
“With this transaction, we’re reinforcing our commitment to delivering compelling hosted applications to businesses of all sizes”
Positini will be run as a subsidiary of the Google Apps (applications) unit, which includes its email, calendar and documents applications.
