Yesterday it was announced that Google would be buying Postini.com for $625 million dollars in cash.

This is important for Google for taking on Microsoft and their email services. The reason more businesses do not use Gmail for business applications is because of security reasons. Well now Google will be able to approach those businesses with their new security and I’m sure they will take over market share from Microsoft.

It’s funny because I interviewed with Postini a couple of years ago for a sales postion. A good friend of mine was hired in their first wave here in Austin and he told me they were doing a second wave. Unfortantely, I was sick the day of my interview. I went in anyhow and tried my best, but didn’t get the job.

Good for Postini for finding a buyer for their company. It must have been a nice payday for the principles and investors in the company.

This entry was posted on Tuesday, July 10th, 2007 at 9:59 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.