Tucows to Buy Critical Path's Hosted Messaging Assets for $8M

Share this content:
Internet services firm Tucows Inc. signed an agreement to buy the hosted messaging assets of Critical Path Inc. for $8 million in cash and the assumption of contractual debt.


The acquisition, expected to close Jan. 3, yields Critical Path's client list, hosted messaging communications infrastructure, goodwill and a software license for Memova Messaging.


Tucows will keep Critical Path's hosted messaging data centers in Denver and London as well as most agency employees in Toronto.


The acquisition is expected to strengthen Tucows' presence in hosted e-mail for Internet service providers and Web hosting firms. The Toronto company's goal is to be the leading provider of Internet service to ISPs.


Loading links....
close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here