Lose Your Google AdWords Account if You Change Payment Options | Main | Strange Bolded Letters in Google Sponsored Results

Google Acquires Postini, a Security Company, for $625 Million

To improve on the Google Apps suite, Google has just acquired Postini, as we learn in a press release today.

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.

I happened to have worked for a bit with Postini in my days as a system administrator and this is a pretty cool thing for them. Congratulations. :)

More coverage from Barry at Search Engine Land.

Forum discussion continues at WebmasterWorld.



Like The Story? Vote For It On Yahoo Buzz! Or On Sphinn!

posted Tamar Weinberg in Google Search Engine at July 9, 2007 10:01 AM Comments (2)

Comments

The management at Google continues to do the right things. I only hope that Yahoo or another entity can keep Google from being a monopoly.

Michael

 

This is a big step for Google and it shows the importantance of online security. I believe the next big online security company is Webargos. They do online surveillance of a companies data to make sure it doesn't get out into the public. Check them out at Webargos.com

 

Post a comment (Note: Can Take 120 Seconds For Your Comment To Show Up)

Do you want us to save your personal Information?


To subscribe to the Search Engine Roundtable, click here