Finance

UK Colo Firm Node4 Acquires Cloud Provider LETN Solutions

UK hosting provider Node4 announced on Wednesday that it has acquired cloud infrastructure provider LETN Solutions for an undisclosed amount. Node4 said that the acquisition will extend its existing portfolio of cloud solutions including IaaS, disaster recovery and virtualization services, adding LETN’s evoPod and evoCloud services. Read More

Cloud Host Iomart Turns Down Acquisition Offers from Host Europe

Scottish web hosting and cloud services provider Iomart rejected an offer to buy the company for more than half a billion dollars (or £300 million) earlier this month. German web host Host Europe, according to a statement from Iomart, made two cash offers in June which would pay 2.75 GBP and then 2.85 GBP per Iomart share. Read More

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