Web Hosting Mergers and Acquisitions - January 2008
- By Tom Millitzer on February 08, 2008
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Sunnyvale, CA -- Network Appliance, Inc. NetApp (NASDAQ:NTAP) completed the acquisition of Boston based Onaro, a datacenter automation solution company in a $120 million transaction. It is reported that backers put about $9.5 million in Onaro, which looks like a great return.
Las Vegas NV-- Dialpoint Communications Corporation (OTCBB: DLPC), acquired the assets of South Carolina based Hostigation.com. Dialpoint issued 333,334 shares --- a deal which in another blog I noted was worth $50k in an all stock transaction.
Niagara Falls, ON - Canadian based Vision Online Network was acquired by Deli India based Real Value Hosting. Vision Online Network specializes in Windows based web hosting.
Duluth, GA - Ralph Smith's Fat Jack Hosting Acquired HostMyProxies.com, a proxy website host. HostMyProxies.com is based at an undisclosed location.Dallas, TX – Affiliated Computer Services, Inc has acquired Syan for approximately $60 million. Syan’s trailing twelve-months revenue was approximately $75 million. The transaction was funded by existing cash on hand. Syan has several large data centers in the UK.Tempe, AZ - Greenstreet Real Estate Partners acquired the Tempe One (Tempe, AZ) data and call center for $30.3 million.
Edmonton, AB, Canada – California upstart Enacten acquired all of the shares of Edmonton based Alentus Corporation in an all cash transaction. Alentus provides dedicated/managed and shared hosting services. New Commerce Communications (this blogger) represented Alentus in the transaction. Pittsford, NY - Spider Graphics Corporation and ITX, a web technology and hosting firm merged. The new name is Spider ITX, very creative.Overland Park, KS - Erickson Solutions Group has bought the client base of Nothing But Net a company that concentrates on Web and e-mail hosting. Hopefully the acquisition will help the Erickson corporate website.
Raleigh, NC - Hosted Solutions has acquired a new data facility, it's second in Charlotte, NC. The site adds 7,600 square feet of floor space.
Obviously not all inclusive - but from the NCC files.
========== MORE ABOUT TOM ==========
Tom Millitzer provides merger and acquisition services to Internet service firms including Web Hosting, Data Centers and similar sectors. In 1994 he founded and is President of NCC - New Commerce Communications, Inc. He has been involved in almost 200 mergers and acquisitions , finance an... (Read full bio)
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