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JACKSONVILLE, FL – Web.com Group, Inc. (NASDAQ:WEB), a leading global provider of a full range of Internet services and online marketing solutions for small and medium‐sized businesses, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Siris Capital Group, LLC in an all-cash transaction valued at approximately $2 billion.

Under the terms of the agreement, which has been unanimously approved by the members of Web.com’s board of directors, an affiliate of Siris will acquire all of the outstanding common stock of Web.com for $25.00 per share in cash. The purchase price represents a 30% premium over Web.com’s 90-day volume-weighted average price ended on June 19, 2018.

A special meeting of Web.com’s shareholders will be held as soon as practicable following the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission (“SEC”) and subsequent mailing to its shareholders.

Web.com may solicit alternative acquisition proposals from third parties during a “go-shop” period from the date of the agreement until August 5, 2018. There is no guarantee that this process will result in a superior proposal, and the agreement provides Siris with a customary right to match a superior proposal. Web.com does not intend to disclose developments with respect to the solicitation process unless and until the company determines such disclosure is appropriate.

“This transaction will provide shareholders with immediate and substantial cash value, while also providing us with a partner that shares in our commitment to customers and employees and can add strategic and operational value,” said David L. Brown, chairman, CEO and president of Web.com. “Based on our extensive engagement with Siris over the past two months and our prior discussions with them, we are confident that Siris’ support will enable Web.com to execute on its strategy and next phase of growth.”

Commenting on the transaction, Robert Aquilina, Siris Capital executive partner, said: “Web.com has a 20+ year legacy of leadership in the domain market with strong brand equity and a growing portfolio of attractive, value-add online and marketing services for SMBs. Siris looks forward to nurturing Web.com’s core domain business, supporting and anticipating the diverse needs of the company’s customers, and driving new opportunities for innovation and growth.”

Frank Baker, Co-Founder of Siris Capital, commented: “We are excited to partner with Web.com as it embarks on this new chapter of growth and market leadership. As a private company, Web.com will be able to make strategic investments for sustainable and profitable growth, while remaining agile and focused on delivering best-in-class solutions to its customers.”

The proposed transaction is expected to close in the fourth quarter of 2018 and is subject to approval by Web.com’s shareholders, along with the satisfaction of customary closing conditions and antitrust regulatory approvals, as necessary. The transaction is not subject to any financing condition. Upon completion of the acquisition, Web.com will become wholly owned by an affiliate of Siris.

Web.com will file its quarterly report on Form 10-Q reporting its second quarter financial results but does not intend to host a quarterly earnings call.

About Web.com Group, Inc. | Web.com
Since 1997 Web.com (Nasdaq:WEB) 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. To learn how this global company collaborates with customers and employees to achieve their potential, explore www.web.com or follow on Twitter at @webdotcom or on Facebook at www.facebook.com/web.com.

About Siris Capital Group, LLC | Siris Capital
Siris Capital is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies in North America. Integral to Siris’ investment approach is its partnership with exceptional senior operating executives, or executive partners, who work with Siris on a consulting basis to identify, validate and operate investment opportunities. Their significant involvement allows Siris to partner with management to add value both operationally and strategically. To learn more, visit us at www.siriscapital.com.

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TORONTO – Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today the grand opening of its third data center in Toronto, further enhancing the company’s ability to support growing data center and colocation requirements in the fourth-largest city in North America. The new facility, which will provide up to 46 megawatts of critical power capacity to the Greater Toronto Area, is located on the site of the former Toronto Star printing plant at One Century Place in Vaughan, Ontario, which served as the largest newspaper facility in Canada for more than 25 years.

Toronto is Canada’s financial and business capital and one of the leading technology clusters in North America with more than 15,000 technology companies along the Toronto to Waterloo corridor. Toronto also tops the North American Cities of the Future1 list, second only to New York, due in large part to its dynamic, diverse and growing population.

“Toronto is home to a booming financial services industry and a burgeoning roster of large technology companies and emerging tech startups for whom digital transformation is driving enterprise initiatives,” said Digital Realty Chief Executive Officer A. William Stein. “We are seeing strong demand for data center expansion in Toronto, with a rapidly growing need for safe, reliable provisioning of IT services and capabilities. We are very excited to be converting the iconic Toronto Star building into a revolutionary new data center, ideal for cloud providers, financial services companies and enterprises of all sizes. The grand opening is another important milestone in achieving our strategic goal of building an unparalleled global network of top-tier data centers in major cities and interconnection hubs around the world.”

“We are extremely pleased Digital Realty has been able to repurpose such a historic site and are delighted they have been able to bring it into the digital transformation era while retaining its aesthetic appeal,” said Brett Miller, Chief Executive Officer at JLL Canada. “This facility will serve the community well as a strong addition to the Greater Toronto Area’s data and technology infrastructure, which is increasingly under-resourced due to the rapid growth of business in this region.”

Digital Realty’s industry-leading flexible design makes it possible to tailor each room based on specific customer requirements, supporting a range of power densities from 1,000 watts to more than 4,000 watts per square meter. Digital Realty’s open platform enables customers to define and implement their data center strategies and needs, with a comprehensive selection of service providers, levels of redundancy, power configurations, and connectivity options to create unique choice and value.

“This new facility will empower our customers to successfully tackle their unique digital transformation objectives with agile data center solutions built for growth and harnessing the power of proximity needed for latency-sensitive applications,” said Erich Sanchack, Digital Realty’s Executive Vice President of Operations. “The layout and scale of the Toronto Star plant allowed us to tailor options for customers based on budget, security, and redundancy needs, and there is simply nothing else like it on the market. The new Toronto data center helps customers remove some of the complexity of cloud migration by offering flexibility in secure multi-cloud connectivity options and offering self-provisioned bandwidth-on-demand.”

About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty’s clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products. https://www.digitalrealty.com/

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ORLANDO, FL – Atlantic.Net, a leading cloud hosting solutions provider, today announced the release of Secure Block Storage (SBS), enabling users to attach additional storage drives to their Cloud Servers to scale their workloads more easily. Designed for 99.999% availability, volumes are automatically replicated multiple times to protect data from component failure. With SBS, storage can be increased on-the-fly, moved between Cloud Servers, and is automatically encrypted at rest. As part of the announcement, Atlantic.Net is offering 50 GB of SBS free for an entire year from the date of signup and just 7.9 cents per additional GB per month. Existing customers can also take advantage of 50 GB of SBS for free through June 19, 2019.

“Here at Atlantic.Net, we remain steadfast in our commitment to providing our customers with cutting-edge tools at cost-effective prices. Combining the capacity of enterprise hard drives with NVMe SSD drives, SBS offers the perfect balance of capacity and performance for any customer’s storage needs,” said Marty Puranik, CEO and President of Atlantic.Net. “Rolling out our SBS system at up to 11x the performance of the competition solidifies us as the price and performance leader for the most popular storage tier.”

Atlantic.Net’s SBS is easy to use, highly redundant, easily accessible, and scalable. The system is ideal for running mission-critical applications that require robust and scalable block storage, as well as for running queries on databases that require low latency and high performance.

For more information on Atlantic.Net’s launch of SBS, please visit www.atlantic.net/cloud-hosting/block-storage

About Atlantic.Net
Atlantic.Net is a global web hosting provider with over 24 years of experience, specializing in managed and non-managed Windows, Linux, and FreeBSD server hosting solutions. With a focus on security, compliance and simplifying the experience for users, Atlantic.Net provides business-class dedicated and cloud hosting solutions. Solutions are offered across its hosting facilities in San Francisco, New York, London, Toronto, Dallas and Orlando. With 24/7 expert support and a range of audited certifications such as SSAE 18 SOC 1 and SOC 2 (Formerly SAS 70), HIPAA and HITECH, the company is also known for its reliability, as dictated by its 100 percent uptime service-level agreement (SLA). For more information, please visit www.atlantic.net.

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Amsterdam, The Netherlands – Switch Datacenters, a European provider of build-to-suit corporate data centers and enterprise-grade colocation facilities, today announces its plans to commence development of a new data center at its data center campus in Amsterdam. Adjacent to Switch Datacenters’ existing data halls, this 18,300 square feet new data center will be built to offer wholesale colocation space to a large enterprise, managed colocation provider, or cloud provider searching for Amsterdam-based dedicated data center presence.

Located at one of the world’s most fiber-dense areas, in the Amsterdam Southeast business district, the 18,300 sq. ft. new wholesale colocation data center offered by Switch Datacenters will feature a highly redundant enterprise-grade design with a 2N power configuration. It has modular thus highly scalable power feeds, and is upgradable from a capacity of 2MVA up to 10MVA and more. The use of energy-efficient cooling technologies would result in an ultralow pPUE figure of 1.04, which is extremely energy-efficient.

On top of the whitespace available, the wholesale colocation data center being offered in Amsterdam also includes 8,600 sq. ft. of dedicated Class A office space. Right now, a high customization degree can still be provided for this office space – to meet highly specific customer demand.

“The new-to-build wholesale data center offering in Amsterdam constitutes of turnkey space that will be move-in ready and fully aligned with the most demanding server power density requirements in the industry,” said Gregor Snip, CEO and founder of Switch Datacenters, an official member of the OCP community. “A large enterprise, a managed colocation provider, or a large cloud provider will find here enterprise-grade data center infrastructure meeting high-availability requirements set by mission-critical business applications. This highly redundant, highly secured and highly connected data center space will allow us once again to meet enterprise-grade standards such as ISO 27001 and PCI DSS, just as the other wholesale and retail data centers delivered by Switch Datacenters.”

Patented Technology

As is the case with Switch Datacenters’ recently commissioned retail colocation data hall at Switch AMS1 aimed at ISPs and cloud providers alike, the new data center build in Amsterdam announced today will be suitable for Open Rack Systems based on Open Compute Project (OCP) principles – while still being able to house traditional hardware equipment.

“The OCP initiative originates with Facebook, while other tech giants such as Rackspace, Intel and Microsoft as well as many others have joined the OCP-movement in the hardware space,” added Mr. Snip. “Our patented, in-house developed cooling technologies and additional features provide for an OCP-ready infrastructure, although this wholesale data center space is also fully compatible with more traditional IT infrastructures. The OCP technology specs uniquely allow for enhanced energy-efficiency, operational cost-savings while bringing the agility required by demanding applications – for traditional IT as well as OCP-ready hardware environments.”

As a highly innovative wholesale data center company, Switch Datacenters’ engineering team has developed a patented, in-house developed indirect adiabatic cooling technology (Patent number: WO 2017:213497) meant for data center development projects. According to this patent, ‘the invention relates to a data center for IT and/or telecoms equipment, especially servers, comprising a building with an intermediate floor arranged for carrying IT and/or telecoms equipment, especially servers, as well as cooling means for cooling the IT and/or telecoms equipment, especially servers, in order to counteract overheating of the IT and/or telecoms equipment, especially servers.’

Wholesale vs. Retail Colocation

As with Switch Datacenters’ Switch AMS2 campus, the Switch AMS1 colocation data center campus – strategically located on one of the world’s largest internet junctions, in Amsterdam – will transform in a mixed-use premises for both wholesale and retail colocation buyers. While the Switch AMS2 data center is home to global cloud services provider IBM, Switch Datacenters expects its AMS1 data center to be attractive to similar, demanding companies including hyperscale cloud providers, large enterprises, and managed colocation providers.

“Due to shifting customer demand, we’re increasingly focusing Switch Datacenters’ business operations on delivering wholesale data center space such as announced today,” added Mr. Snip. “Our enterprise-grade, highly energy-efficient data center infrastructure built with in-house developed, patented technologies caters to the needs of these hyperscale cloud providers including IBM. Retail colocation will remain part of our portfolio but wholesale colocation is growingly important for us. Our honed wholesale approach matches the overall colocation market and current changing trends (confirmed by a 2017 Structure Research study), where future growth in retail colocation is expected to be slowing, while growth in the wholesale data center market should be accelerating.”

About Switch Datacenters
Founded in 2011 by Dutch Internet and hosting industry veterans, Switch Datacenters is a European carrier-neutral operator of highly secured colocation data centers and build-to-suit corporate data centers delivering its enterprise-grade services to businesses of all sizes including some well-known large global cloud players. The company is focused on delivering redundant (2N), high-available (100% uptime guarantee) data center infrastructure with Tier 4 specifications to ISPs, systems integrators (SIs), cloud service providers (CSPs), and enterprise customers. Located in a fiber-dense area with 460 available fiber optic connections and 40 carrier networks on-site to choose from, Switch Datacenters’ facilities in the Amsterdam region provide a total floor area of 24,220 m2 (260,701 sq. ft.) and 8,350 m2 (89,878 sq. ft.) of secured white space for cloud service providers and boost an average data center PUE of 1.1 measured over all sites, making Switch Datacenters one of the leading providers of sustainable data center space in Europe. For more information about Switch Datacenters, visit: www.switchdatacenters.com.

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LONGMONT, CO – Burlywood, an innovator of flash-based storage for cloud data centers, today introduced TrueFlash™, a storage software solution that is optimized to customer applications, uses flash more efficiently, and delivers improved performance in a more cost-effective manner than current SSDs.

Led by an expert team with decades of storage controller experience, Burlywood has built an architecture that allows for rapid innovation and flexible integration of customer requirements. With the introduction of TrueFlash, Burlywood is providing the industry’s first modular flash storage architecture that accelerates time to market of new flash technology while delivering disruptive cost and performance benefits to customers deploying cloud storage solutions, all-flash arrays, and hyper-converged solutions.


“With a predicted growth rate in data of 500 percent over the next 10 years, many IT managers struggle to balance the need for faster, denser and lower-powered flash against the expense and limited availability that the current supply chain yields,” said George Crump, President and Founder of Storage Switzerland. “By changing how storage works and how it is delivered, Burlywood is attempting to lower flash costs and improve time to market in order to provide cloud companies with the advantages of SSDs at 20 to 40 percent less cost over current solutions.”

By deploying a disruptive business model that reduces cost and improves supply, Burlywood is making it easy for hyperscale enterprises, content delivery networks, and cloud providers to transition to an all-flash architecture. TrueFlash allows for the use of the latest flash technology with better performance earlier in the lifecycle of flash nodes. Integrated multi-stream Quality of Service (QoS) provides advanced traffic management and consistent performance, tuning it to match the exact needs of customers’ environments and workloads.

TrueFlash is the industry’s first modular flash controller architecture designed specifically for hyperscale data centers and AFA/HCI systems. By supporting all storage formats, any protocol and current or future NAND memory, Burlywood provides organizations with full SSD solutions based on the TrueFlash software and FPGA optimized to customers’ specifications.

“It comes as no surprise that companies everywhere are looking for a solution that will allow them to deploy an optimized storage environment for their applications at the lowest possible total cost of ownership, and shortest time to market” said Tod Earhart, CEO of Burlywood. “While an all-flash data center is ideally suited to deliver the benefits of performance and density, cost has long been a limiting factor. By using the latest flash available for a specific application, combined with an advanced programmable controller and Burlywood TrueFlash software, we are able to deliver an enterprise-class flash solution at a cost of up to 40 percent less while increasing performance and expanding capacity.”

TrueFlash is available via an array of flexible business models with dedicated in-house support, technical and strategic support in all phases of its lifecycle, and collaborative roadmap planning from Burlywood. Additional information about TrueFlash is available at https://www.burlywoodtech.com

About Burlywood
Powered by a highly productive, expert development team comprised of executives from companies such as HP, Western Digital, Hitachi, Micron and Intel, storage software startup Burlywood is accelerating the transition to the all-flash data center. The company’s patented TrueFlash technology changes how storage works and is delivered by lowering flash costs, increasing storage density and increasing flash performance while shortening the time to market. The new flash storage paradigm is ideally suited for customers in the hyperscale, content delivery and cloud markets that want to move to all-flash environments but have found that current SSD offerings are a constraint. Find out more about how Burlywood is allowing flash to be used as it was intended at https://www.burlywoodtech.com

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Dallas, TX – DataBank Ltd., a Digital Bridge portfolio company and leading provider of business solutions for colocation, cloud, connectivity, and managed services, announces today the expansion of its Pittsburgh facility (PIT1). This key strategic location offers direct access to more than 25 fiber carriers, making it the most connected data center location in the Pittsburgh metropolitan area.

Located inside Nova Place, a technology center in the heart of Pittsburgh’s North Side, DataBank’s PIT1 is a powerful hub for interconnection and the placement of mission critical infrastructure supporting cutting-edge technologies. Pittsburgh is at the center of autonomous vehicle development, engineering and testing and is home to premier research facilities at Carnegie Mellon University and Pittsburgh Supercomputing Center. DataBank’s expansion is a direct result of the rapid development the city has experienced with these and other emerging technologies.

“We are seeing continued demand from customers seeking edge access to the rich interconnection ecosystem we offer at our Pittsburgh data center,” states Kevin Ooley, President and CFO for DataBank. “We believe expanding in our existing building envelope will allow us to provide high quality, enterprise grade colocation space in close proximity to our diverse carrier ecosystem.”

“We are excited to see continued investment in this type of critical infrastructure in the Pittsburgh area as it further demonstrates the growing role of technology in our region,” comments J. Ray Scott, Senior Manager, Storage and Virtualization, Computing Services, Carnegie Mellon University.

DataBank’s Pittsburgh data center expansion will add 10,000 square feet of raised floor and 1.5MW of redundant power and be located directly adjacent to the existing 10,000-square-foot data center site. The PIT1 expansion will be ready for service in Q4 2018.

For more information, please visit www.databank.com.

About DataBank
DataBank is a leading provider of enterprise-class data center, cloud and interconnection services, offering customers 100% uptime availability of data, applications and infrastructure. DataBank’s managed data center services are anchored in world-class facilities. Our customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives. DataBank is headquartered in the historic former Federal Reserve Bank Building, in downtown Dallas, TX. For additional information on DataBank locations and services, please visit www.databank.com or call 1 (800) 840-7533.

About Digital Bridge Holdings
Founded in 2013 by Marc C. Ganzi and Ben Jenkins, Digital Bridge is focused on the ownership, investment and active management of companies in the mobile and internet infrastructure sector. Since inception, Digital Bridge has raised over $6.5 billion of debt and equity capital used to acquire and invest in the development of communications infrastructure businesses, including DataBank, Vantage Data Centers, ExteNet, Vertical Bridge, Andean Tower Partners, and Mexico Tower Partners.

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