Search Web HostingSunGard Acquires Web Host Hosting 365
- By Justin Lee, March 12, 2010
(WEB HOST INDUSTRY REVIEW) -- Managed hosting provider SunGard Availability Services (www.sungard.com) announced on Friday it has acquired Dublin-based cloud computing and data center operator 365 Hosting Limited, which trades as Hosting 365 (www.hosting365.com).
The terms of the deal were not disclosed. The acquisition is not expected to have a material impact on SunGard's results, says the company.
Since 2001, Hosting 365 provides data center managed IT services and, more recently, on-demand computing services within its cloud computing environment.
The company operates from two secure data centers in the Dublin area, including its own 25,000 square feet data center in Park West.
The company was recently named as Ireland's 25th fastest growing technology company in the Deloitte & Touche Technology Fast 50.
"Hosting 365 has built a superb business since its formation," says Keith Tilley, managing director UK and executive vice president Europe for SunGard Availability Services. "The deal has major benefits for both parties: SunGard gains access to a new geographic market and proven cloud computing expertise, while Hosting 365 extends its product range with our own managed IT services, business continuity and disaster recovery solutions."
SunGard provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software to more than 10,000 customers in North America and Europe.
The company has five million square feet of data center and operations space. Recently, it expanded its data centers in Midtown Atlanta and Smyrna, Georgia to meet its increasing customer demand.
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