Prior to 2012, j2 Global (NASDAQ: JCOM) was solely a cloud services company. Today, that part of the business provides fax, virtual phone, data backup, email, email marketing, and customer relationship management services to a range of business customers. As a cloud services company, j2 Global survived two market crashes. During the financial crisis specifically, it cruised through barely missing a step. While reporting constant revenue growth throughout the crisis, it suffered a mild decline of 8% in net income in 2009 and then rebounded big in 2010 with a 24% gain.
Then in 2012, j2 Global acquired Ziff Davis which married its cloud services business with Ziff Davis' digital media business. The digital media segment "specializes in the technology, gaming, lifestyle and healthcare markets, reaching in-market buyers and influencers in both the consumer and business-to-business space." Its websites include PCMag.com, IGN.com, Speedtest.net, and Everydayhealth.com.
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