Postini adds up $25-million to Google Inc
Google gets a bumper profits from Postini, an online provider of email, web and other communications security products. Early July Google agreed to purchase its products for US$625-million, this deal might close by end of September. Further it predicts that Postini would me more profitable than YouTube – according to RBC Capital analyst Jordan Rohan.
He stated that Postini could add US$25-million to Google Inc.’s (GOOG/NASD) end result in the fourth quarter.
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