acquires

Charlotte, NC – Segra, one of the largest fiber infrastructure bandwidth companies in the Eastern U.S., today announced it has acquired NorthState, a provider of high-speed bandwidth services in the fast-growing Piedmont Triad region of North Carolina. The acquisition expands Segra’s fiber network by nearly 3,000 miles and brings Segra’s industry-leading service and an enhanced product offering to NorthState’s customers.

“The Segra team will build on NorthState’s success by focusing on serving the customer first,” stated Tim Biltz, chief executive officer of Segra. “The acquisition furthers the delivery of a robust set of products, an expanded state-of-the-art fiber network, and a superior service experience to all customers throughout our expanded service area.”


During an extraordinary time when communication services and reliable connections are more critical than ever, the scale, reliability and strength of Segra’s fiber network and operations allow it to meet the data, voice and connectivity needs of customers of all sizes.

The close of the transaction also marks the transition of Royster Tucker III from his longtime position as NorthState’s president and CEO. “We’re all grateful to Royster for his leadership,” Biltz continued. “His commitment to his company’s customers, employees and shareholders created a great company.”

“I have the utmost respect for Segra’s leadership and for the exceptional reputation they have earned in our industry,” said Tucker. “As we transition our company, I have complete confidence that our customers will continue to receive outstanding service and the premium technologies they depend on in business and life.”

Under the terms of the acquisition, NorthState shareholders will receive $80.00 in cash for each share of NorthState common stock they hold. Due to completion of the transaction, such shares are no longer trading on the OTC Pink Market.

TD Securities acted as exclusive financial advisor and Simpson Thacher & Bartlett LLP, Morgan, Lewis & Bockius LLP and Womble Bond Dickinson (US) LLP served as legal advisors to Segra. Wells Fargo Securities, LLC served as exclusive financial advisor and GC Solutions and Nelson Mullins Riley & Scarborough LLP served as legal advisors to NorthState in connection with this transaction.

To learn more about the transaction and what it means for customers, please visit: www.segra.com/northstate.

About Segra
Segra is one of the largest independent fiber infrastructure bandwidth companies in the Eastern U.S. It owns and operates an advanced fiber infrastructure network of over 30,000 miles that connects more than 10,000 locations and six data centers throughout nine Mid-Atlantic and Southeastern states. Segra provides Ethernet, MPLS, dark fiber, advanced data center services, IP and managed services, voice and cloud solutions, all backed by its industry-leading service and reliability. Customers include carriers, enterprises, governments, and healthcare organizations. In addition, Segra delivers high-speed, fiber-based integrated telecommunications services to residential and business customers in portions of Virginia under the Lumos Networks brand name and in the Piedmont Triad region of North Carolina under the NorthState brand name. For more information about Segra’s technology and commitment to customer care, visit segra.com.

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One.com (‘the Group’), a leading European provider of web hosting services and domain names to a combination of private customers, small-to-medium enterprises (‘SMEs’) and small-office home-offices (‘SOHOs’), has today announced the acquisition of Digital Garden for an undisclosed consideration. This follows the acquisition of One.com by international private equity firm, Cinven in February 2019. Established in 2014, Digital Garden is one of Norway’s leading web hosting businesses. Digital Garden was formed through the merger of UniWeb and FastName – both founded in the early 2000s – and provides domain names, web hosting and email hosting as well as a number of add-on products predominantly to SMEs. Since their merger to form Digital Garden, both UniWeb and FastName are marketed as separate brands today. Digital Garden currently has three datacentres in Oslo, around 100,000 domain names and approximately 40,000 active customers. The combination of One.com and Digital Garden…
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Los Angeles, CA – AlphaRacks, a premium infrastructure-as-a-service (IaaS) provider based out of California currently in a phase of growth-through-acquisition, is today pleased to announce that it has closed on the acquisition of HostMyBytes, a provider of virtual hosting services. This acquisition adds 23,000 customers to AlphaRacks’ platform, now serving over 100,000 customers worldwide.

The Los Angeles based IaaS company is actively acquiring cloud computing, virtual hosting, and technology-enabled firms in the industry, most recently also acquiring NFPHosting and WootHosting early 2019, who were previously competitors in the IaaS space. AlphaRacks is actively acquiring other United States-based companies where customers can benefit from the economies of scale and operational efficiencies that AlphaRacks can add to the table, using its years of industry experience and available resources.


“This year, as a company, we are in an ideal point which enables us to grow via client acquisition, and the HostMyBytes acquisition is a continued testament to that. AlphaRacks continues to add functional and integrable assets to our hosting portfolio that are in hot-performing markets,” said Julian Jin, managing director with AlphaRacks. “Our new investment serves 23,000 new customers from over 105 different countries and will allow us to expand our global presence even further.”

HostMyBytes has been in business for over five years and hosts more than eighty thousand domains on its global network. The company’s goal is to further streamline a personalized hosting solution to meet the rising technology demands of businesses today. AlphaRacks plans to leverage company resources, assets and implement its operational efficiencies to add order in place for HostMyBytes customers, similar to its successful strategy for its prior acquisitions in the IaaS space.

“We express eager enjoyment and passion to welcome all HostMyBytes customers onto the AlphaRacks platform.” commented Julian Jin. “We will be adding HostMyBytes customers into the AlphaRacks brand seamlessly, so that customers can immediately take advantage of the additional operational and support benefits we offer by standard. Customers of HostMyBytes will also be pleased to know that we won’t be changing any existing pricing arrangements that were agreed upon with previous management.” commented Julian Jin.

He further states, “HostMyBytes has been in business for five years and initially began with humble beginnings. Despite growing pains, we applaud previous HostMyBytes owners for maintaining and building an affordable hosting experience for its multiple dozens of customers from around the globe. We strive on improving upon everything they have built so far, from infrastructure to customer experience – and everything will be done with our customer’s benefit in mind.”

About AlphaRacks
AlphaRacks is a premium web hosting provider based in Los Angeles, CA. Initially started in 2006 as an on-site IT consultancy firm providing support to local businesses, the AlphaRacks brand was launched in 2013 offering mainstream premium hosting services to both web start-ups and large enterprises. AlphaRacks currently supports over 100,000 clients of all sizes in over 150 countries worldwide. Services include cPanel web hosting, reseller web hosting solutions, hybrid/cloud servers, bare-metal dedicated servers, and virtual private servers, offered in both standardized and custom tailored configurations. Support is provided 24x7x365 by in-house dedicated staff; services are provided by leveraging strategic partnerships of top-tier facility and network providers, ensuring the services AlphaRacks delivers are highly available; which is backed by an industry-leading service level agreement.

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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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