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July 9, 2007
Google Pays $625 Million for Email Security Company
Google bought Postini Inc. - the San Carlos, California-based email security company - for $625 million, according to a Bloomberg report today.
The purchase strengthens Google's ability to compete with Microsoft's Outlook product and allow them to market email services to businesses.
``This brings Gmail up to enterprise class, embedding the security,'' said Peter Firstbrook, a research director at Stamford, Connecticut-based Gartner Inc.
Posted by Frank Watson on July 9, 2007 11:40 AM
