Internet messaging provider Mail.com, Inc. Monday acquired The Allegro Group, a provider of corporate e-mail management solutions.
Terms of the deal were not disclosed.
Allegro, which will act as a subsidiary of Mail.com, brings more than 1,000
corporate customers, including Continental Airlines, Mercedes Benz, NASCAR,
Smuckers and the U.S. Ski Team.
With its more than 7 million e-mailboxes under management, Mail.com
satisfies its corporate customers and generates recurring revenues from
per-mailbox or pay-per-service fees. One of its highlights includes its
bond with AT&T to provide the long distance giant’s corporate customers with e-mail services.
Mail.com serves all four key market segments including Web
sites, direct to consumers, ISPs and corporations.
“Our acquisition of Allegro further demonstrates our ongoing commitment to
servicing the corporate market,” said Gerald Gorman, chairman and chief
executive officer of Mail.com.
“This business combination accelerates
Mail.com’s penetration of the corporate outsourcing market by extending our
distribution network, increasing our customer base and expanding our suite
of e-mail services.”
Allegro came to life in 1995 as a solution for companies looking for an
efficient and affordable service to manage e-mail internally and is now an
Internet messaging provider for organizations.
“Allegro’s products allow companies to affordably outsource their e-mail
connectivity and mange their message traffic, but not at the expense of
performance or reliablity,” said Aaron Fessler, president and founder of