Google is to buy Postini, an email security specialist serving more than 35,000 businesses and 10 million users worldwide, for $625 million.
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.
Eric Schmidt, chairman of the board and chief executive officer of Google, said: “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.”
Dave Girouard, vice president and general manager, Google Enterprise, said: “The response to Google Apps has been tremendous, with more than 1,000 small businesses signing up for the service every day. At the same time, large businesses have been reluctant to move to hosted applications due to issues of security and corporate compliance. By adding Postini products to Google’s technology, businesses no longer have to choose – employees get the intuitive products they want, and the company achieves the security and assurance it needs.”
Quentin Gallivan, president and chief executive officer of Postini, said: “As the market leader in on-demand secure communications and compliance solutions, Postini complements Google perfectly. We share a commitment to providing enterprise customers with compelling technology alternatives. This is an exciting milestone, one that will certainly lead to the next level of rapid innovation.”
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