j2 Global Communications, Inc.
In December of last year, I wrote an article detailing J2 Global Inc's (NASDAQ: JCOM) transformation into a fresher and more diverse company. Last year, J2 Global bought into Carbonite and acquired Ziff Davis. This allowed the provider of internet business solutions to diversify its operations into both cloud computing and media publication. The company's stock rose 33% since I last wrote about it, but does it have more »
The technology sector is typically considered an area of high growth. It’s for that reason that we sometimes have great difficulty finding dividend-payers in the sector. I’ve done some searching though, and I’ve found three companies from three distinct technological realms to help diversify that dividend portfolio.
J2 Global Communications (NASDAQ: JCOM) is an international infrastructure company that emerged in 1995 and mainly deals with electronic fax. It’s had great success, but e-fax is becoming obsolete. In order to stay relevant, the company has been making some new investments (and not in red sports cars).
Over the past few years, JCOM has been delving into the world of virtual phone, email, and most importantly, cloud computing more »
On November 6, J2 Communications (NASDAQ: JCOM) reported a 9.9% ownership stake in Carbonite (NASDAQ: CARB), as well as a continuing interest in acquiring its competitor. J2 also disclosed that it submitted a buyout offer of $10.50 per share in cash, or roughly $269 million, to Carbonite’s board on August 31, but the offer was rejected without a counter response. The offer valued the company at 4 more »