Google has announced that it has acquired Postini, a provider of security and compliance solutions for business and other users around the world.
The deal is said to be worth $625 million and will see Postini, which provides services to over 35,000 businesses, become a subsidiary of Google. The company's message security and encryption services can be used to help protect a company's email and other web-based communication systems.
Commenting on the agreement, 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." Using Postini's expertise, Google's hosting applications can help to "streamline" information security mandates for its client organizations, he added. Postini claims that its security technology helps to block more than one billion spam emails and processes two billion connections every day.
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