Monday, July 09, 2007

Google to Buy Postini for $625M

A Reuters newswire article by Yinka Adegoke, via The Washington Post, reports that:

Google Inc. said on Monday it has agreed to buy Web-based security provider Postini for $625 million, expanding its package of online applications to compete with Microsoft Corp.'s Office.

Privately held Postini provides security and encryption services, protecting instant messaging, e-mail and other communications, to more than 35,000 businesses and 10 million users worldwide.

More here.

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