(WEB HOST INDUSTRY REVIEW) — Canadian web hosting provider iWeb (www.iweb.com) announced on Tuesday it has acquired Montreal-based managed hosting provider Netsimplify (www.netsimplify.com). The terms of the deal were not disclosed.
The acquisition brings iWeb one step closer to providing its own brand of managed hosting services, which represented the majority of Netsimplify’s revenues in 2008.
“Customers face an increasing complexity in managing their IT infrastructure, and many of our dedicated hosting customers have requested that iWeb provide additional services,” says Eric Chouinard, iWeb’s president and CEO. “Netsimplify’s customer-driven approach brings a lot of experience, expertise and depth, all of which are important aspects of iWeb’s services”
According to Martin Leclair, iWeb co-founder and president of products and technology, acquiring Netsimplify was “a logical step towards both cloud computing and managed services.”
The acquisition will also reunite Netsimplify’s founder, Simon Boulet, with his former coworkers. Boulet was one of iWeb’s first employees before he left to start his own company nearly three years ago.
He will be appointed to the newly created position of IT manager, from which he will lead internal development initiatives.
The migration of Netsimplify’s customers to iWeb is nearly complete. The company says the process was made easier by the fact that Netsimplify’s infrastructure was mostly colocated within iWeb’s data centers.
iWeb provides dedicated server hosting, managed hosting, and colocation services to more than 20,000 customers in 150 countries. The company has three secure data centers in Montreal.
Since 2004, the company’s compounded annual growth rate has been above 75 percent.
Last week, iWeb moved up from 100th position to 85th position on the Profit100, business magazine PROFIT magazine’s annual ranking of Canada’s fastest growing companies based on revenue growth over the past 5 years.
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