Check out upcoming Web hosting industry trade shows and networking events.

Real Estate Developer To Buy AptHost

Tags:  linux  youtube  shared hosting 

By theWHIR.com , October 16, 2008

By David Hamilton, theWHIR.com

October 15, 2008 -- (WEB HOST INDUSTRY REVIEW) -- Diversified development company Rancho Santa Monica Developments (http://www.rsdv.net/) has reached a tentative agreement to acquire social media host AptHost.com Communications USA (www.apthost.com).

According to AptHost.com's Wednesday announcement, RSMD has submitted a letter of intent disclosing the terms of the agreement, which were not announced publicly. Based in Madera, California, RSMD has real estate developments in Tulum, Mexico; Chilliwack, British Columbia; and Monroe, Michigan. This acquisition is a strategic addition to RSMD business, extending its portfolio to the web hosting and technology industry.

While RSMD is new to the hosting industry, it is not necessarily an unusual pairing, considering that real estate firms have been making deals with data center developers for years.

Founded in 2001 as a Linux-based web host, AptHost.com now offers comprehensive hosting services including its specialty of delivering on-demand video, allowing scripts such as PHPmotion and Clip-Share, providing service similar to YouTube.

"This is an exciting milestone for our company, and we look forward in scaling our growth with Rancho Santa Monica Developments," AptHost.com president and founder Brian French said in a statement. "With Rancho Santa Monica Developments we intend to build on top our incredible growth in the industry which we can attribute to our specialty hosting. Rancho Santa Monica Developments expertise and knowledge make it an ideal partner for AptHost.com."

AptHost.com claims to have been the first to introduce FFmpeg hosting in the shared hosting market. Listed on the Nasdaq stock exchange, RSMD intends to raise capital to enhance AptHost.com's advertising and fund development of industry leading technologies to support its FFmpeg-powered Social Media websites.

"With social media and video sharing taking the Internet by storm, I would expect to see dramatic growth in the coming years," French said. "Companies such as CBS Networks, FOX, and NBC have just begun to offer full programming such as the new 90210 series on Youtube and other media sites; the trends are changing quickly and the demand for high quality and fast video hosting for the masses is increasing dramatically. Media sites will soon own a large percentage of the programming markets."

  • (0) Comments

Comment anonymously or log into your WHIR account

Logging in allows enhanced commenting features (such as external linking) in news, features, blogs and more.

User:

Pass:

(reset password)

Don't have an account yet? Register now!


 

Read Back Issues of WHIR Magazine

October 2009 - Web Hosting's All Star Team
This has been, for us, one of the most interesting, exciting and challenging build-ups to an issue of the magazine yet, Web Hosting's All Star Team. The balloting process was our first experiment with a kind of user participation we're planning to do a lot more with in the months to come. We had thousands of ballots submitted, with hundreds of write-in suggestions and a demonstration of user engagement that has us feeling super positive about the project.
About This Issue | Read Digital Edition

July 2009 - What am I Worth?
One of the interesting luxuries of working on a project like the printed WHIR magazine is that it allows us to play with things like our point of view from one issue to the next. In recent months we've been giving added attention to the kind of practical and applicable advice aimed at smaller hosts and resellers. This issue carries on with that point of view, asking, in our cover story, "what am I worth?" It's a complicated question without a clear-cut answer.
About This Issue | Read Digital Edition

May 2009 - The Blueprint for a Small Web Host
I was a little surprised by how difficult it became to see this idea through. We set out to assemble a blueprint for a small hosting business, but butted up pretty quickly against the general impossibility of covering all the territory that was out there to be covered. The basic constraints of a printed magazine, and the less-than-infinite amount of time we had available forced us to face the fact that we could never produce an exhaustive guide to starting a hosting company.
About This Issue | Read Digital Edition

Read more WHIR Magazine back issues