J2 Global Pays $20M As Part Of Oookla Acquisition

Los Angeles-based J2 Global says it has paid $20M in a contingent payment, related to the company's acquisition of Oookla, back in 2014. J2 Global said the payments were part of a total of $52M spent on acquisitions plus its regular dividend in Q2. j2 Global announced its results on Thursday, saying its Q2 2017 revenues increased to $273.2M, an all time record.