plans

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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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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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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VANCOUVER, BC – Inspur, an OpenStack Foundation Gold member, today released version 5.5 of its InCloud OpenStack cloud operating system at the OpenStack Summit in Vancouver. The software, widely used in the financial services, securities and enterprise sectors in China, offers new capabilities in large-scale services delivery across multiple availability zones and geographies, accessibility and ease of management, stability and scalability, and intelligent operation and maintenance.

The newest version of InCloud OpenStack adds:

  • Features for large-scale deployments. InCloud OpenStack 5.5 can support multiple data centers across multiple regions. In one implementation, Inspur achieved an OpenStack deployment with around 1,000 nodes in a single region for a non-telecom customer and a total of more than 1,400 nodes are in production. InCloud OpenStack offers one-click deployment and graphical resource layout via containerized images that are independent of the host operating system. Resource arrangement is managed visually with system templates or a custom drag-and-drop template.
  • Unified management of diverse compute types. InCloud OpenStack 5.5 offers unified management of virtual machines (VMs), bare metal instances, and containers on the same platform. Resources can be adjusted in parallel to achieve integration and sharing of cluster computing, storage and network resources to reduce operation, maintenance and management costs.
  • Multi-region support. The switch from test deployment to large-scale production deployment presents challenges for OpenStack operators. To achieve large-scale data center delivery capabilities, InCloud OpenStack 5.5 optimizes multi-region management to achieve division and separate management of large clusters. All regions use the same set of Keystone systems to resolve the system bottlenecks caused by cluster expansion.
  • Layered security. InCloud OpenStack adopts a layered security enhancement design to better secure the cloud platform from the dimensions of the hypervisor system, VMs and user access. It adopts Inspur’s security sector governance products to reinforce the hypervisor and VM layers.
  • Disaster tolerance. InCloud OpenStack 5.5 offers disaster recovery capability that spans multiple data centers. A current InCloud OpenStack deployment covers three data centers in two regions. The solution provides disaster tolerance for dual center, dual active capability within 150km in the same city and remote data center recovery. The solution uses Inspur’s proprietary network facility, centralized storage facilities and cloud management to guarantee business continuity in terms of data, network and business operation for customers. The solution can effectively help customers save costs, increase operational reliability and achieve efficient failure management with one-click visual failure switching solutions.

“The growth of OpenStack in China is impressive,” said Jay Zhang, vice president of Inspur. “Over the next five years, we expect a CAGR of 40 percent for this market segment. Ongoing development of standardized APIs and excellent heterogeneous resource management and programmability are key drivers in the thriving OpenStack ecosystem, and Inspur plans to maintain and expand its OpenStack leadership, taking full advantage of this growth trend.”

Inspur is a leading innovator in open compute and open technologies, and major proponent for OCP, ODCC, Open19, OpenStack and Openpower foundations. Inspur strives to build a design base and then to customize and meet efficiency standards. Meanwhile, Inspur will contribute to those communities by providing access to technologies through open source sharing, and to assist the convergence of fellow communities and open source applications.

“Inspur is a Gold member of the OpenStack Foundation and has been throwing investment year upon year participation in OpenStack.” Said Jonathan Bryce, executive director at OpenStack Foundation, “We move forward the community with contributions from companies. Inspur has dozens of developers who contribute to different projects in OpenStack and has worked to build OpenStack appointment in China which is one of the fast-growing markets.”

About Inspur
Inspur is a leading global provider of cutting-edge data center and cloud computing solutions, aspiring to deliver continuously more innovative and efficient solutions to meet rapidly growing technology demands. Working with over 1,000 enterprises around the world, Inspur delivers top-tier quality and performance, energy and cost efficiency, and purpose-built solutions to specific workloads and data center environments. Inspur is a Gold member of the OpenStack Foundation. For the most-recent public release—Queens—Inspur’s upstream contributions have doubled over the previous version, Pike. Also, Inspur is a silver sponsor of Apache Software Foundation and a member of both the Linux Foundation and the Cloud Native Computing Foundation.

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LAS VEGAS and RENO, Nev. – Switch (NYSE: SWCH), the technology infrastructure corporation that is powering the future of the connected world®, today announced that an international streaming media corporation has signed a 15 MW colocation deal. The streaming corporation plans to use Switch’s North American PRIME data centers as a worldwide distribution hub for its services. The company plans to go live at Switch’s facilities in Nevada in July of this year.

“We are really excited to have another international technology powerhouse join the Switch ecosystem,” said Chris Donnelly, chief connectivity officer for Switch. “We look forward not only to fulfilling this company’s ultra high-density data center needs but also its global connectivity demands through Switch CONNECT®, the world’s only hyperscale telecom auditing and purchasing cooperative.”


The international streaming client will be able to take advantage of Nevada’s data center tax abatements, Switch’s 100% renewable energy, its substantial connectivity gateways, and access to international cable landing stations via the Switch CORE® InterExchange.

In addition to this streaming company, Switch added a new high security government client at its Core Campus in Las Vegas. At The Pyramid Campus in Grand Rapids, MI, Switch added a large electric utility company and a global consumer goods manufacturer, which filled the remaining available cabinets in the second sector of the Switch PYRAMID.

Total contract value of these new sales exceeds $100 million in new incremental revenue.

ABOUT Switch
Switch (NYSE: SWCH), the technology infrastructure corporation headquartered in Las Vegas, Nevada is built on the intelligent and sustainable growth of the internet. Switch founder and CEO Rob Roy has developed more than 500 issued and pending patent claims covering data center designs that have manifested into the company’s world-renowned data centers and technology solution ecosystems. The Switch PRIMES located in Las Vegas and Tahoe Reno, Nevada; Grand Rapids, Michigan; and Atlanta, Georgia are the world’s highest-rated hyperscale data center campus ecosystems with low latency to major U.S. markets. The Switch PRIMES are located in the most cost-effective area of each North American zone based on power, connectivity, taxes, cost of living and lower risk of natural disasters. Visit switch.com for more information.

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ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, today announced an agreement with Zayo Group Holdings, Inc. (NYSE: ZAYO) to offer Zayo’s CloudLink solutions.

CloudLink provides dedicated, high-performance bandwidth options, enabling secure connectivity directly to the world’s largest public cloud providers and other data centers. Selected TierPoint data centers will offer an on-ramp to Zayo’s extensive fiber network, which includes more than 11.5 million fiber miles globally.


“Responding to our clients’ evolving, multi-dimensional needs, this agreement is a significant step toward expanding the menu of connectivity options for our data centers and cloud pods, as we continue enhancing our market-leading, edge-infrastructure solutions,” said TierPoint Chief Technology Officer Terry Morrison.

Initially, TierPoint will offer CloudLink in 22 data centers in 12 markets, including Baltimore, Boston, Charlotte, Chicago, Dallas, eastern Pennsylvania, Kansas City, Nashville, New York, Seattle, Spokane, and Tulsa. TierPoint plans to expand the service to additional data centers in the coming months. CloudLink provides dedicated, high-performance bandwidth options, enabling secure connectivity directly to major public cloud providers. Customers can choose traditional, aggregated bandwidth or FlexConnect, Zayo’s usage-based Ethernet.

“We look forward to working with TierPoint to accelerate the value they are delivering to their clients,” said Tyler Coates, Enterprise Segment lead for Zayo. “Dedicated, high-capacity bandwidth is a vital element to hybrid cloud solutions. At Zayo, we are proud to provide a range of options that enable TierPoint clients to get their data to the cloud quickly, safely and consistently.”

About TierPoint
With a unique combination of secure, connected data center and cloud solutions at the edge of the internet, TierPoint (tierpoint.com) specializes in meeting enterprises where they are on their journey to IT transformation. TierPoint has one of the largest customer bases in the industry, with 5,000 clients ranging from the public to private sectors, from small businesses to Fortune 500 enterprises. TierPoint also has one of the largest and most geographically diversified footprints in the nation, with over 40 world-class data centers in 20 markets and 8 multi-tenant cloud pods, connected by a coast-to-coast network. Led by a proven management team, TierPoint’s highly experienced IT professionals offer a comprehensive solution portfolio of private, multitenant, hyperscale, and hybrid cloud, plus colocation, disaster recovery, security, and other managed IT services.

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