January 21, 2008 — (WEB HOST INDUSTRY REVIEW) — Telecommunications provider Pipex (pipex.com) is close to selecting a buyer for its Web hosting and business services divisions, reports ZDNet (zdnet.co.uk).
Last year, Tiscali acquired Pipex’s broadband and phone divisions. The telecommunications provider also sold part of its wireless division to Intel, rebranding it as Freedom4.
The Financial Times reported last Wednesday that Pipex is now ready to decide who will win an auction for its remaining Web hosting and business services divisions. There are three bidders who are reportedly being seriously considered, including private-equity group Oakley Capital, telecommunications firm Thus Group and German company United Internet.
Pipex did not respond to a request for comment on the Financial Times report.
Earlier this month, UK domain registrar and Web hosting provider 123-reg, a division of Pipex Communications, announced it launched a new range of dedicated servers.
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