Web Host FastServers Up For Sale
- By theWHIR.com , November 30, 2007
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Verio Attracts Resellers with Free Month of VPS Hosting: Companies looking to boost revenues are finding Verio's Free VPS promotion the right fit for getting started as Hosting Reseller.
November 30, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Research and analysis firm Tier 1 Research (tier1research.com) recently announced that Web hosting provider FastServers (fastservers.net) appears to be up for sale.
Tier 1 Research says that FastServers has grown at a solid rate since getting into the dedicated hosting segment in 2001 and is currently home to approximately 3,500 servers. However, as is common for Web hosts that get to this size, the company is approaching a point where it'll be difficult to push further growth and is looking for a buyer, says the analysis firm.
Tier 1 Research estimates that FastServers is in the range of $10 to $14 million in annualized revenues and the company is led by a young management team, founded by Ian Andrusyk, who servers as CEO, and Travis Shaffner.
Last month, Tier 1 Research launched a new report that highlights mergers and acquisitions activity in the Internet infrastructure and mass-market Web hosting sectors in the first half of 2007.
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Comment by Anonymous on Friday, June 06, 2008
I had a Dedicated server with them and I was not happy. I hope who ever buys them takes a few notes from the ServerIntellect.com support department. Glad I moved to a company that knows how to pick up the phone on the first ring!
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