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acquisition
Sedo acquires ParkingPanel
The online domain marketplace Sedo has purchased ParkingPanel, a domain monetizing service provider. ParkingPanel was launched three years ago and it caters primarily to individuals with large domain portfolios. ParkingPanel customers will be merged into the existing Sedo framework, according to sources, and will gain access to Sedo’s advanced monetization engine.
This week in hosting
This week in hosting saw continued news on hot topics such as improved security measures, the ever-popular “greening” of the industry and the confirmation of a long-circulated rumor concerning the merging of two giants in the domain services industry.
Yahoo’s hosting business for sale
Two unnamed sources said Yahoo is looking for offers between $350 million to $500 million for its Small Business hosting branch. According to sources, potential buyers do not want to bid because the valuation is too high. Yahoo is also selling its job search site HotJobs and email/calendar groupware Zimbra.
Yahoo puts big price tag on hosting sale
Mergers and acquisitions are common occurrences in the web hosting industry but rarely do the numbers involved reach those being tossed around in the media this week in relation to Yahoo‘s attempt to sell its small business hosting service. With unnamed sources saying that the company is looking for between $350 million to $500 million, […]
Playing host to the recession
As the global recession continues to ebb and flow, the hosting sector fluctuates also, bringing us stories of great loss and unexpected buy-outs alongside stories of unimaginable growth and continued investment. Between the recent halt on construction of Amazon’s huge Oregon data center to the acquisitions and general company growth plans issued this week, the […]
Equinix buys GI Partners data center in Frankfurt
The Frankfurt data center that belonged to GI Partners has been sold by the company to Equinix (Holding) BV. It is GI’s last remaining Fund 1 property which consists of 96,000 net square feet. GI’s debut fund is now valued at over $1 billion in cash from an investment of $280 million. The company is […]
CA buys Cassatt
IT management software giant CA has acquired Cassatt Corporation – a cloud computing software developer. As part of the deal, CA also inherits Cassatt’s intellectual property including existing and pending patent applications. According to the co-founder of Cassatt, its company is a leader in cloud-style architecture usage. The chief architech of CA also praised Cassatt […]
ZayoGroup acquires FiverNet Telecom for $87.8 million
Zayo Group will buy FiberNet Telecom for $87.8 million in cash, unless the 10-year old telecommunications provider receives a superior proposal by June 17. The transaction, however, is yet to be approved by the stockholders of FiberNet.
Drift2 acquires Utaria.net, discontinues brand
The Minnesota-based shared hosting provider Utaria.net has been acquired by Drift2 Web Service. As part of the migration process, all existing Utaria.net members will be moved to under the Drift2 brand and data integrated to its primary cluster. Drift2 plans to discontinue the Utaria.net brand once the migration is complete.
IBM to purchase Sun?
IBM is out shopping again. After acquiring acquired Cognos, a Canadian software developer, last year for $5 billion, the technology giant made an offer to buy Sun Microsystems for at least $6.5 billion or double its closing price of $4.97.
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