With its $625 million buy of anti-spam firm Postini Inc., Google Inc. is following two years behind Microsoft Corp.'s e-mail security acquisitions of Sybari and FrontBridge Technologies Inc. For Postini, which had been talking to bankers about an initial public offering, the deal was likely a welcome feeling of acceptance after it watched many of its competitors in the e-mail security world get purchased. Compared with Cisco Systems Inc.'s $830 million buy of IronPort Systems Inc., Postini may be feeling less than feted, but at least it gets to keep on trucking without having to go to the public markets. Plus, now its employees have access to all of those Google perks and don't have to worry about being in such a heavily funded area of security. —Stacey Higginbotham
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