The latest company to join Google is on-demand communications security and compliance solutions Postini. The deal was sealed today with Google purchasing Postini for a hefty sum of $625 million according to a Google official press release. Postini is currently serving 35,000 business and 10 million users worldwide. None other than Google’s CEO, Eric Schmidt explains the reason for the acquisition of Postini:
With this transaction, we’re reinforcing our commitment to delivering compelling hosted applications to businesses of all sizes. With the addition of Postini, our apps are not just simple and appealing to users — they can also streamline the complex information security mandates within these organizations,
On Postini’s side, President and CEO Quentin Gallivan explains that:
As the market leader in on-demand secure communications and compliance solutions, Postini complements Google perfectly. We share a commitment to providing enterprise customers with compelling technology alternatives. This is an exciting milestone, one that will certainly lead to the next level of rapid innovation
With the acquisition of Postini, Google is hoping to strengthen its Enterprise suite Google Apps to effectively serve the needs of its enterprise clients. Especially since, corporate customers are very concern about enterprise network security when utilizing enterprise wide applications on their corporate servers. Postini would certainly enhance the effectivity and integrity of Google Apps as an enterprise solutions for office networking and computing.