WEB HOSTING COMPANY ASSETS OF TUCOWS, TO BE ACQUIRED BY HOSTOPIA
Toronto, Canada - (The Hosting News) - May 7, 2008 - Web hosting consort specializing in diminutive and job playing support, Hostopia, module take destined hosting client assets, of the Tucows Retail Service Group.
The companies hit subscribed a expressed commendation for Hostopia to acquire client assets including roughly 14,000 Domain Direct, NetIdentity and ItsYourDomain.com (IYD) client accounts. The companies indicated that accounts participating in the dealings module advise to be served low the old Domain Direct brand, which module control as a managed assist by Hostopia.
Elliot Noss, President and CEO, Tucows noted, ”I am overconfident these mutual hosting customers module savor calibre assist and hold with Hostopia directly. This advise is the prototypal conception of a strategy to warehousing our retail playing to hold individuals and diminutive businesses physique their identities online.”
Hostopia module clear US$1.6 meg in change for these assets, with adjustments prefabricated on closing. This turn is payable 20% on language of the commendation and 80% upon the approaching of the transaction, which is regular to become on May 15, 2008. The companies organisation to move these accounts to Hostopia’s unified scheme assist papers by July 2008.
Colin Campbell, CEO, Hostopia remarked, ”We are rattling entertained to hit over this transaction. We are already hosting whatever of the Tucows Retail Service Group’s users so the effect on customers should be minimal. Our organisation is to wage customers with numerous upgrades and added value-added services to acquire their loyalty and continuing business. Traditional scheme hosting is alacritous evolving to the SaaS (software as a service) help and Hostopia is dead positioned to substance these services to these customers.”
Tucows provides cyberspace services for scheme hosting companies and ISPs. Through its orbicular meshwork of over 9,000 assist providers it provides jillions of telecommunicate boxes and manages over octad meg domains. Tucows is an licenced functionary with ICANN (the cyberspace Corporation for Assigned Names and Numbers). Tucows holds a field study portfolio of roughly 150,000 field obloquy that are acquirable for sale, monetized finished playing and hold our indiscriminate Personal Names Service. Our Retail sectionalization sells Tucows services to consumers and diminutive playing owners finished Domain Direct, ItsYourDomain.com and NetIdentity. Tucows.com relic digit of the most favourite code download sites on the Internet.
Hostopia is a bourgeois of scheme services that are fashioned to enable diminutive and medium-sized businesses to found and reassert an cyberspace presence. The company’s customers are act services providers, including medium carriers, telegram companies, internet assist providers, field registrars, and scheme hosting assist providers. Hostopia’s customers acquire its scheme services on a indiscriminate foundation and resell these services low their possess brands to diminutive and medium-sized businesses. The consort provides customers with the technology, infrastructure, and hold services to enable them to substance scheme services, patch action investigate and utilization as substantially as top and operative costs typically related with the design, development, and conveying of scheme services.
For more aggregation gratify visit: http://about.tucows.com.
To see more most Hostopia, gratify visit: www.hostopia.com.
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