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May 6, 2021 3:55pm Consensus is leaning on its traditional digital fax technology and layering on new technologies to create an end-to-end interoperability solution. It's a massive addressable market that Consensus pegs at a value of $11 billion. (Sergei Domashenko/Shutterstock) A company primarily known in the healthcare industry for its cloud fax business is aiming to tackle the broader interoperability market. J2 Global, a conglomerate of media and information services, recently announced plans to split into two businesses, spinning off its internet fax business as a new company calle...

J2 Global, a conglomerate of media and information services, Monday said it will split into two businesses, spinning off its Internet fax business to investors in a tax-free transaction as a new company, Consensus, while the bulk of the company, in media and e-commerce, will remain J2. The spin is expected to take affect by the third quarter of this year. J2 Global shares were briefly halted in late trading, and rose 3% upon resumption of trading. J2’s CEO, Vivek Shah, said the split “will create two leading independent public companies,” adding that, “With distinct management te...

Message : Required fields J2 Global, Inc. (NASDAQ: JCOM), a leading internet information and services company, today announced its plan to separate the company into two independent publicly traded companies – J2 Global and Consensus – through a spin-off of at least 80.1% of the outstanding shares of Consensus common stock to J2 shareholders. The separation is expected to be completed in the third quarter of 2021. Upon completion of the transaction, shareholders will own two category-leading independent public companies, each well positioned for long-term success and superior value creatio...

socaltech.com Los Angeles-based J2 Global, which operates a large number of Internet related businesses--both Internet services and Internet publishing--says it plans to split itself into two separate, public companies. According to J2 GLobal, it plans to separate into two companies, J2 Global and Consensus. According to J2 GLobal, it plans to spint=off at least 80.1 percent of the new company, Consensus, to existing J2 shareholders. J2 Global said it hopes to complete the transaction in the third quarter of 2021. J2 Global said that Consensus will focus on secure data exchange, focused pr...