TeleComputing To Acquire Commtouch Customers; Partners With Jamcracker

TeleComputing Commtouch

The customers are expected to generate $500,000 in recurring revenue annually. As part of the deal, TeleComputing recruited Jamcracker to sell its business messaging and collaboration services.

Commtouch decided to exit its hosted Exchange service business to concentrate on developing and selling messaging software, said Gideon Mantel, CEO of Commtouch, in a statement.

Commtouch has been exiting several of its business lines, including the sale of its migration services business to internal senior management and the sale of its consumer business to ASP Mail Centro to minimize cash burn and expenses, the company said.