Web Hosting Mergers and Acquisitions - March 2008
- By Tom Millitzer on April 29, 2008
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FacebookI was going through my files --- then again and again ---- March was a slow month…but April will be better – at least my firm did three.
Lynchburg VA – Sitestar (OTC: SYTE) bought the assets of Comcation, an Internet service provider whose services also include web hosting. As a side note Sitestar’s CEO, Frank Erhartic has agreed to be on an M&A panel this blogger is moderating at ISPCON.
Australia - MYOB acquired Ilisys Pty Ltd one of Australia's larger web hosting providers. MYOB provides accounting software and payroll software to more than 700,000 businesses worldwide.
Glendale, CA - Pro Net Hosting acquired Homepage Universe which doubled the firm’s size to over 100,000 shared and dedicated hosting domains.
Denver, Colorado - ViaWest, acquired Dallas based Dataside. With the Dataside acquisition, ViaWest's annualized revenue will exceed $100 million by the fourth quarter of 2008.
London - Freedom4 Communications PLC, signed an agreement to sell its Hosting and Network Services Division to Host Europe WVS Ltd for 120.0 mln stg. ($235m)
Minneapolis - VISI acquired Infinity AccessNET, a business-focused Internet Service Provider.
Obviously not all inclusive - but from the NCC files.
More about Tom:
NCC - the Hosting Business Broker
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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