acquires

TORONTO – Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of network access, domain names and other Internet services, announced that it has signed a definitive agreement to acquire wholesale domain name registrar Ascio Technologies from CSC®. The transaction closed yesterday.

Tucows will pay $29.44 million and the transaction is expected to be immediately accretive to operating cash flow. The purchase price will be funded through Tucows’ existing credit facility.


The acquisition of Ascio adds approximately 1.8 million domains under management and approximately 500 active resellers. The Ascio reseller base fits squarely with Tucows’ core customer profile — ISPs, web hosting companies and website builders serving quality businesses that reward outstanding customer service with long-term loyalty.

Ascio also expands Tucows’ product portfolio with one of the most complete offerings of country code TLDs (ccTLDs) and generic TLDs (gTLDs) in the world.

Jørgen Christensen, Managing Director of Ascio commented, “This deal is all about focus. We wanted to find a buyer who would focus on our resellers so that CSC can focus on managing brands for the biggest and best companies around the world.”

“This acquisition makes perfect sense for Ascio’s resellers, our business and our shareholders,” added David Woroch, Tucows’ Executive Vice President of Domains. “Ascio’s resellers get a customer-focused provider that is investing in its wholesale channel. Tucows gets an excellent business with a deeply experienced team, additional domain products, including more than 50 ccTLDs, and a high-quality customer base that strengthens our European presence. And our shareholders get the benefit of Tucows’ even greater scale and efficiency as the world’s largest wholesale domain registrar.”

The contribution from this transaction, based on a partial year and transaction costs, was contemplated in the 2019 guidance provided by Tucows on February 13, 2019. Pre-acquisition, the Ascio business generated approximately $4 million of annual EBITDA. Tucows is required to apply acquisition accounting to the assets and liabilities acquired, including fair valuation of the acquired deferred revenue balance, which will lower the reported Adjusted EBITDA1 contribution in the first approximately one year period following the acquisition. The acquisition is expected to provide synergies over the next 12 to 18 months which, along with the inclusion of full year financial results, is expected to generate an internal rate of return and multiple that are in line with Company benchmarks.

About Ascio
Ascio Technologies was founded in 1999, and is an accredited domain registrar under the Internet Corporation for Assigned Names and Numbers with approximately 1.8 million domains under management. Ascio is a part of the family of brands under CSC.

About CSC
CSC is the world’s leading provider of business, legal, tax, and digital brand services to companies around the globe. From keeping businesses in compliance and streamlining operations, to protecting and promoting brands online, CSC uses its expertise and personal approach to help businesses run smoother. CSC is the business behind business. It is the trusted partner for 90% of the Fortune 500®, more than 65% of the Best Global Brands (Interbrand®), nearly 10,000 law firms, and more than 3,000 financial organizations. Headquartered in Wilmington, Delaware, USA, since 1899, CSC has offices throughout the United States, Canada, Europe, and the Asia-Pacific region. CSC is a global company capable of doing business wherever its clients are—and it accomplishes that by employing experts in every business it serves. Learn more at https://www.cscglobal.com.

About Tucows
Tucows is a provider of network access, domain names and other Internet services. Ting (https://ting.com) delivers mobile phone service and fixed Internet access with outstanding customer support. OpenSRS (http://opensrs.com) and Enom (http://www.enom.com) manage a combined 23 million domain names and millions of value-added services through a global reseller network of over 37,000 web hosts and ISPs. Hover (http://hover.com) makes it easy for individuals and small businesses to manage their domain names and email addresses. More information can be found on Tucows’ corporate website (http://tucows.com).

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JACKSONVILLE, FL – Web.com Group, Inc. on Monday announced it has acquired from Tucows, Inc. all remaining interest in the domain name aftermarket platform, NameJet, LLC. With this transaction, Web.com now owns two of the top platforms in the domain name aftermarket. The company also owns SnapNames Web.com, LLC, a pioneer in the domain name aftermarket space.

NameJet launched in 2007 as a joint venture between eNom, Inc., a subsidiary of Tucows, and Web.com subsidiary, Network Solutions, LLC. Like SnapNames, NameJet has exclusive partnerships with top domain name registrars across the globe and helps domain professionals, businesses and individuals acquire valuable domain names, including those that have recently expired.


“This move to complete ownership aligns with our goal of nurturing our core domain business, supporting and anticipating the diverse needs of our customers, and driving new opportunities for innovation and growth,” said David L. Brown, Web.com’s chief executive officer and president.

“We welcome the NameJet team to the Web.com family and are excited to leverage their thought leadership and expertise as we continue to invest in the aftermarket industry,” added Michael White, aftermarket vice president for Web.com.

“Web.com has been a great partner and we look forward to working with and leveraging their aftermarket expertise in the future,” said David Woroch, domains executive vice president for Tucows.

About Web.com
Since 1997 Web.com has been the marketing partner for businesses wanting to connect with more customers and grow. We listen, then apply our expertise to deliver solutions that owners need to market and manage their businesses, from building brands online to reaching more customers or growing relationships with existing customers. For some, this means a fast, reliable, attractive website; for others, it means customized marketing plans that deliver local leads; and for others, it means customer-scheduling or customer-relationship marketing (CRM) tools that help businesses run more efficiently. Owners from big to small can focus on running the companies they know while we handle the marketing they need.

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Tampa, FL – Hivelocity, a leading provider of dedicated servers, cloud hosting, colocation and managed services, announced the acquisition of Incero.com, a Texas based IaaS provider with data centers in Dallas, Seattle and New York City.

“We are very excited to bring the Hivelocity experience to all of our new customers. Our customer centric focus is what continues to foster our growth and what allows us to do things like we accomplished today. I hope our customers, new and old, are just as excited as we are about today’s news. Every one of our customers will benefit from the addition of our 9th, 10th and 11th data centers in what is now 7 highly strategic domestic markets,” said Hivelocity COO, Steve Eschweiler. “Soon, our new data centers in Dallas, Seattle and New York will be privately connected to our other data centers in Los Angeles, Miami, Tampa, Atlanta and New York City. This private connectivity between all of our data centers gives us the ability to maximize network performance and allows our customers to exchange data between geo-diverse solutions free, fast and securely. Our new customers from Incero will now have services previously unavailable to them like Private Cloud, Rapid Restore, Managed Services and the ability to instantly deploy Bare-Metal in more than twice as many markets as before.”


Incero was founded in 2008 and quickly gained traction with aggressive pricing coupled with a no-nonsense approach to self-managed bare-metal. “We think our new customers from Incero will be thrilled when they see what Hivelocity brings to the table for them. Our pricing aligns with what they are accustomed to from Incero, but our scale allows us to offer them a great deal more in both solutions and customer service. Hivelocity has made exceptional customer service and technical support the foundation of its business since 2002. Our objective is to exceed our customer’s expectations every time we interact with them. Over the next few months our goal is to improve upon everything they have already enjoyed at Incero previously. We aim to improve their network, their support experience and give them more options to most effectively operate their online presence.”

Hivelocity provides high-performance data center services to thousands of customers from over 130 countries since 2002. Hivelocity boasts a Net Promotor Score of 81 which signifies a world-class level of customer service. In 2017, Hivelocity completed the acquisition of RackAlley, an IaaS provider headquartered in Los Angeles. Both acquisitions have been privately funded allowing Hivelocity to continue operating with only the customer’s best interests in mind.

For more information about Hivelocity you can visit them at https://www.hivelocity.net/.

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DES MOINES, IA – LightEdge expands its geographical reach and redundancy and invests further into the company’s world-class compliant cloud solutions as it acquires Austin, Texas-based OnRamp.

“LightEdge is thrilled to announce the expansion of our secure and compliant hosting and colocation services through the acquisition of OnRamp. This combining of forces elevates the strategic vision we have been successfully executing for the past decade. OnRamp brings a tremendous group of skilled experts, HITRUST-certified data center facilities, and a proficiency in delivering leading compliance and security solutions that make them a natural fit with LightEdge,” said Jim Masterson, Chief Executive Officer at LightEdge.


With the emergence of the IT cloud paradigm, many mid-sized enterprises are trying to get out of the hardware business. They are seeking trusted partners that specialize in providing compliant infrastructure to meet increasing audit standards, enhance data security, and minimize business risk or downtime. This acquisition presents the perfect opportunity for LightEdge to expand and serve this national demand.

“LightEdge is an innovative and forward-thinking organization. I am confident they have the drive, ingenuity, and financial support to continue to propel the combined company into the forefront of the nation’s top hosting and compliant cloud providers,” said Lucas Braun, Chief Executive Officer for OnRamp. “Our two cultures and values are a great fit, which was important to us in making this decision.”

LightEdge and OnRamp both bring over 20 years of experience to the industry. They have built deep expertise in achieving the world’s top compliance and security standards for their operations and their customers by hosting complex workloads for highly-regulated sectors like healthcare, financial services, education, and manufacturing. DH Capital, LLC served as the exclusive financial advisor for OnRamp.

LightEdge currently owns four colocation facilities: two purpose-built data centers outside of Des Moines, Iowa, one facility within the underground mines of SubTropolis Technology Center in Kansas City, MO, and another recently opened data center in Omaha, Nebraska. Through this acquisition, LightEdge will now be able to expand their geographically-dispersed data center reach into Austin, Texas and Raleigh, North Carolina. This acquisition also puts LightEdge on the Electric Reliability Council of Texas (ERCOT) power grid, in addition to their presence on the Eastern grid. This dual-coverage and increased reliability will offer more value and flexibility for LightEdge customers.

About LightEdge
With over 20 years in business, LightEdge offers a full stack of best-in-class IT services to provide leading flexibility, security, and control. Their solutions include premier colocation across four purpose-built data centers, industry-leading private Infrastructure as a Service (IaaS) and cloud platforms, and the top global security and compliance measures. Their owned and operated facilities, integrated disaster recovery solutions, and premium cloud choices make up a true Hybrid Cloud Solution Center model. LightEdge’s strong financial backing of the Anschutz Group empowers them to invest heavily in their markets. LightEdge annually undergoes third-party audits for maintaining ISO 20000-1, ISO 27001, HIPAA, PCI-DSS 3.2, and SSAE 18 SOC 1 Type II, SOC 2 Type II and SOC 3. For more information, visit www.lightedge.com.

About OnRamp
Founded in 1994 as an ISP, OnRamp opened its first data center in 2003 and transitioned into the private cloud space. In 2010, OnRamp strategically pivoted into the high security hosting space and expanded its data center reach into Raleigh and an additional ground-up build of a second Austin facility. Today, OnRamp is a leading HITRUST-certified data center services company that guides businesses through the complexities of data security and compliance. OnRamp’s solutions help organizations in healthcare, financial services and education services meet compliance standards including HIPAA, PCI, SOX, FISMA and FERPA. Their breadth of hybrid computing and managed services ensures they can provide custom solutions from colocation to cloud. For more information, visit www.onr.com.

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AUSTIN, TX – Hostway, a leading managed cloud hosting provider and specialist in compliant hybrid and multi-cloud hosting solutions, today announced its acquisition of the Toronto-based MyHosting.com and Mail2Web lines of business from Ingram Micro. Under the terms of the deal, the MyHosting.com brand, customers and key employees join Hostway; Hostway continues to operate and evolve the MyHosting brand, products and platform.

Hostway plans to leverage the skillset and experience of the MyHosting.com team members to further bolster its capabilities with Ingram Micro’s CloudBlue Automation platforms and will incorporate the platform more broadly in both its direct and wholesale channels.

“We are honored to have the talented and experienced MyHosting.com team members join our family of employees at Hostway and to expand our footprint in Canada with an office in Toronto in addition to our existing location in downtown Vancouver,” said John Enright, SVP and General Manager at Hostway. “We look forward to building upon the innovative products and features the MyHosting.com team has deployed on the CloudBlue platform, and to providing its loyal base of direct customers and resellers with the very best service.”

“For the past 20 years, Hostway has been a dominant player in enabling the largest communications companies in North America to deliver a wide variety of value-added services to millions of subscribers,” said Emil Sayegh, President and CEO of Hostway. “The acquisition of MyHosting.com and our partnership with Ingram Micro, in conjunction with the power and flexibility of the CloudBlue platform, further strengthen and diversify our automation capabilities. Automation platforms like CloudBlue – when combined with our passionate support team, experienced system operations team and skilled system integrators – make us the partner of choice for telecom and cable companies in need of turnkey solutions to offer additional value added services to their customers.”

“Hostway has been a valued, long-term partner of Ingram Micro, and this transaction builds further on our joint commitment to support the business requirements of our customers and the profitable growth of our respective businesses,” said Nimesh Dave, Executive Vice President Global Cloud Computing at Ingram Micro. “Our CloudBlue Automation platform is an excellent gateway supporting the rapidly growing demand for cloud-based solutions, one that enables leading service providers like Hostway to rapidly deploy and scale a wide variety of value-added services for their direct customers and partners. Hostway’s proven track record of providing excellent service offers an exceptional experience for both the MyHosting.com customer base and the talented employees that are joining to the Hostway team.”

About Hostway Services
Hostway Services, Inc. is the world’s most trusted managed compliant hosting provider, delivering managed cloud infrastructure and application hosting solutions for telecommunication and cable companies, as well as software companies including healthcare, SaaS and e-commerce focused organizations. Its team of engineers in North America, Europe, and Asia deliver reliable, secure and scalable web hosting, email hosting, private cloud, managed cloud and hybrid cloud hosting solutions to thousands of customers across ten geographically diverse SSAE 16 and ISO 27001 data centers around the world while ensuring strict compliance such as PCI and HIPAA. At Hostway, every customer interaction is treated as an opportunity to develop a long-term relationship based on trust. Visit http://hostway.com for more information.

About Ingram Micro Inc.
Ingram Micro helps businesses Realize the Promise of Technology™. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. More at http://www.ingrammicro.com.

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Plesk, the leading WebOps platform provider, recently announced that it has acquired the VPS (virtual private server) and IaaS (infrastructure-as-a-service) management system called SolusVM from OnApp. SolusVM (Solus Virtual Manager) platform allows enterprises to manage OpenVZ, Xen and KVM virtual machines from a single point. It comes with a web-based and customizable user interface using which customers can easily manage the virtual servers. The VPS management system of SolusVM is designed for cloud service providers (CSPs) and resellers, which supports several billing systems and virtualization technologies. With the acquisition, Plesk aims to provide CSPs and web professionals a single solution for web operations. “We’re very happy to have Solus Virtual Manager and their complete VPS management solution on board. SolusVM lets companies of any size manage virtual machines – from one central user interface, with security and ease. Firstly, makes it a breeze for service providers,…
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