January 20, 2003 -- (WEB HOST INDUSTRY REVIEW) -- Managed Web hosting and IT services provider Inflow Inc. (Inflow.com) announced on Monday that it has acquired certain customers of managed infrastructure services provider Interliant, currently involved in reorganization under Chapter 11.
Interliant, says Inflow, recently announced that it would close its facility in Atlanta, Georgia, as part of its efforts at restructuring. Inflow says it made sense to acquire the Interliant customers in Atlanta, a city where Inflow operates a data center.
Inflow says it is in a strong position to increase its market share through acquisition. The company says that, in the current economy, being able to take advantage of growth opportunities like this rather than worrying about financial viability is a luxury.
"Having obtained more than $300 million in total equity funding to date, Inflow has the financial wherewithal to survive regardless of the state of the economy," said Art Zeile, chief executive officer for Inflow. "We are attractive to customers that have been affected by recent closures. We look forward to taking on more of the market share as the economy allows."
