Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events

Subsequent Events

14.  Subsequent Events

In July 2011, we purchased for cash the business of Data Haven Limited, an Ireland-based provider of online data backup services for businesses, and certain assets of the virtual PBX business of Buzz Networks Limited, a UK-based provider of voice services.  These acquisitions are designed to be accretive and to provide us additional online data backup and voice customers. The financial impact to j2 Global for these transactions is immaterial as of the date of the acquisition. 

On August 1, 2011, the Company's Board of Directors approved the initiation of quarterly cash dividends to its shareholders. The first quarterly dividend of $0.20 per common share will be paid on September 19, 2011, to all shareholders of record as of the close of business on September 2, 2011.  Future dividends will be subject to Board approval.