Sunday, July 8, 2007

Google to Acquire Postini for Corporate Email Security Services

Google agreed to acquire Postini, a provider of corporate email security and spam filtering services, for $625 million in cash. 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. The company's customer base includes 35,000 businesses and 10 million users worldwide.

Postini claims to handle over 1 billion messages per day.

Google said it plans to expand its portfolio of hosted business services by integrating Google Apps and Postini solutions. Google Apps, which includes Gmail, Calendar, Talk, Docs & Spreadsheets, and Personal Start Page, has been adopted by more than 100,000 businesses already.

"With this transaction, we're reinforcing our commitment to delivering compelling hosted applications to businesses of all sizes. With the addition of Postini, our apps are not just simple and appealing to users -- they can also streamline the complex information security mandates within these organizations," said Eric Schmidt, Chairman of the Board and Chief Executive Officer of Google.

  • Postini is headed by Quentin Gallivan, who joined as CEO in 2005. Postini, Quentin spent eight years with VeriSign, as executive vice president of worldwide sales and service.

  • Postini is based in San Carlos, California.

See also