Zix Corporation

Zix Corporation

ZIXI
Zix CorporationUS flagNASDAQ Global Select
8.49
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
David Wagner
Full Time Employees
543
Sector
Technology
Industry
Software - Infrastructure
Address
2711 North Haskell Avenue, Suite 2300, Lb 36 Dallas TX United States of America 75204-2960
IPO Date
Nov 9, 1989
Website
zix.com
Business
Zix Corporation specializes in cloud email security, threat protection, and compliance solutions primarily for small and medium-sized businesses (SMBs). Its core product offerings include Secure Cloud, a comprehensive cloud-based security platform that integrates email encryption, data loss prevention, threat protection, and compliance services; cloud backup and recovery solutions through its acquisition of CloudAlly; advanced archiving, supervision, and eDiscovery services expanded by acquiring Seattle-based Erado; and Microsoft-optimized cybersecurity products. Zix also provides industry-specific compliance solutions, including HIPAA-compliant email encryption for healthcare and financial services sectors. Founded in 1983 and headquartered in Frisco, Texas, Zix operates across North America and leverages partnerships with Microsoft and other technology firms to enhance its platform integration and distribution. In recent major developments, Zix Corporation was acquired by OpenText in a transaction valued at approximately $860 million, completed between late 2021 and early 2022. This acquisition integrates Zix’s Secure Cloud platform with OpenText’s SMB cybersecurity suite, including Carbonite and Webroot, expanding Zix’s reach and resources for further growth. Zix has also significantly enhanced its Secure Cloud platform by incorporating enterprise-grade cloud backup and recovery capabilities through the purchase of CloudAlly, and enriched its unified archiving and compliance solutions via the acquisition of Erado. The company continues to focus on expanding cloud security offerings and partner channels such as managed service providers, aligning with strategic shifts toward enhanced cloud adoption and comprehensive cybersecurity solutions for business communications and compliance needs. These changes position Zix as a leading integrated provider of email security and cloud compliance under the wider OpenText cybersecurity portfolio.

Company News

APIChatGPT
  • Zix (ZIXI) Q3 Earnings Lag Estimates

  • OpenText to buy Zix at a price representing a 2.7% discount, that values Zix at nearly $484 million

  • Zix Shares Pop As News Sparks Over Potential Sale

  • Zix to Announce Third Quarter 2021 Results on November 8

  • Zix Announces Cloud Backup and Recovery Services Now Available Through Secure Cloud

  • Zix Delivers Secure Large File Share to Bolster Innovation for Email Encryption Services

  • Zix Corporation: A Fairly Valued Small Cap Growth Stock

  • ZIXI vs. PANW: Which Stock Should Value Investors Buy Now?

  • Zix Corporation (ZIXI) CEO David Wagner on Q2 2021 Results - Earnings Call Transcript

  • Zix (ZIXI) Q2 Earnings Match Estimates

  • Earnings Preview: Zix (ZIXI) Q2 Earnings Expected to Decline

  • Zix to Announce Second Quarter 2021 Results on August 5

  • Moving Average Crossover Alert: Zix (ZIXI)

  • Zix to Hold 2021 Annual Shareholders Meeting on Wednesday, June 9, 2021

  • Zix Expands Global Partner Program in the United Kingdom and Germany

  • Zix Corporation (ZIXI) CEO Dave Wagner on Q1 2021 Results - Earnings Call Transcript

  • Zix (ZIXI) Q1 Earnings Miss Estimates

  • Zix Earnings Preview

  • Zix (ZIXI) Earnings Expected to Grow: Should You Buy?

  • 5 Sizzling Technology Stocks to Buy Now Trading Under $10