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October 10, 2002 — (WEB HOST INDUSTRY REVIEW) — Business-class Web hosting service provider Interland Inc. (Interland.com) announced on Thursday that the company has been selected as a winner in the annual Catalyst Awards presented by Atlanta-based business magazine Catalyst.
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In the awards ceremony held at Atlanta?s Fox Theatre, Interland was awarded the 2002 Deal of the Year award, which is given each year to a company whose merger, acquisition, partnership, IPO or round of funding was significant to the company and Atlanta business.
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Interland says it was recognized for its merger with Micron Electronics, as well as subsequent acquisitions that moved the company to the number one position in the hosting industry.
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“When selecting the ‘Deal of the Year’ winner, we look for a deal that strikes a good balance between out-of-the-box thinking and sound business decisions. Interland’s work this year embodies both,” says Catalyst magazine publisher George Mirgorod. “We also believe that Interland’s decision to locate its headquarters in Atlanta is a resounding endorsement of this region’s continuing strength as a high-tech center.”
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Interland moved its corporate headquarters to Atlanta following the completion of the Micron Electronics/Interland in August of 2001. In the following months, the company moved approximately 85 employees to Atlanta from other locations. In the year since the merger?s completion, Interland has completed five more acquisitions, making the company the world?s largest hosting provider with more than 400,000 Web sites worldwide.
