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Pittsburgh, PA – Liberated Syndication, Inc. (OTCQB: LSYN) (“Libsyn”) announced today that it closed its acquisition of Internet hosting company Pair Networks, Inc. (Pair) on December 27, 2017. Libsyn paid $13.5 million in cash and issued 1,579,613 shares of restricted common stock valued at $2.5 million to acquire 100% of Pair. The combined businesses represented approximately $23 million in annual revenue and approximately $7 million in EBITDA for 2017.

“We are very excited about the opportunities that come from combining these two great, long standing, Pittsburgh-based companies,” said Chris Spencer, Libsyn CEO. “We have tremendous confidence in Pair’s leadership and employees and we intend to fuel revenue growth for the combined entities through sales and marketing investment, cross selling new and existing hosting products and streamlining network computing infrastructure.”


In order to finance the transaction, Liberated Syndication borrowed $10 million under a newly established Senior Secured Credit Facility (the “Bank Facility”) with First Commonwealth Bank, which also was closed on December 27, 2017. Borrowings under the Bank Facility are at variable rates which are, at the borrowers’ option. As of December 27, 2017, interest is set at LIBOR (London Interbank Offered Rate) plus 175 basis points, or 3.44%.

Pittsburgh-based Capital Foundry, LLC acted as advisor to the Company and Arranger for the Bank Facility.

As of December 31, 2017, the combined companies had approximately 82,000 monthly subscribers for hosting services. Management believes there are many cross selling opportunities including website and blog hosting services for podcasters, full-service WordPress solutions for website and blog development, domain name registration and hosting, as well as co-location hosting services for larger podcast networks, an area of significant potential growth in the podcasting industry.

“Podcasts are expected to continue to grow in popularity and have become an integral part of brand strategy along with websites, blogs and social media outlets. Pair’s hosting, domain and WordPress offerings are the tools podcast producers look for to develop online strategies to extend their reach,” said Laurie Sims, Libsyn President. “Libsyn is often seen as a media company because of the type of content we host, but we are fundamentally a hosting platform. We have a lot of synergy with Pair and understand the monthly subscription business model. We are thrilled to add the Pair team, its reliable infrastructure and world class support they provide.”

Additionally, Libsyn management believes there are growth opportunities to be had by capitalizing on Pair’s vast computing infrastructure, cloud based hosting services
and utilizing Pair’s highly regarded customer support team. Focused cyber security services is another area of additional revenue growth potential given recent threats and limited expertise for small and medium-sized businesses.

Management plans to host a shareholder conference call during the first quarter of 2018 to outline its plans for the combined companies in greater detail.

About Liberated Syndication
Liberated Syndication (Libsyn) is the world’s leading podcast hosting network and has been providing publishers with distribution and monetization services since 2004. In 2016 Libsyn delivered over 4.59 Billion downloads. We host over 3.2 Million media files for more than 35,000 podcasts, including typically around 35% of the top 200 podcasts in iTunes. Podcast producers choose Libsyn to measure their audience, deliver popular audio and video episodes, distribute their content through smartphone Apps (iOS, and Android), and monetize via premium subscription services and advertising. We are a Pittsburgh based company with a world-class team. Visit us on the web at www.libsyn.com.

About Pair Networks
Pair Networks, founded in 1996, is one of the oldest and most experienced Internet hosting company providing a full range of fast, powerful and reliable Web hosting services. Pair offers a suite of Internet services from shared hosting to virtual private servers to customized solutions with world-class 24×7 on-site customer support. Based in Pittsburgh, Pair serves businesses, bloggers, artists, musicians, educational institutions and non-profit organizations around the world. Visit us on the web at www.pair.com.

Capital Foundry
Capital Foundry, LLC, is a Pittsburgh-based investment bank with a focus on small to medium sized enterprises. The bedrock of Capital Foundry is the deep and varied experience of its people, and the businesses the leadership team has helped to grow and transform.

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Hackers have now attacked the online sites who were using a customer support extension built using Magento, as reported by security researcher Willem de Groot. The extension called Mirasvit Helpdesk MX, is used by online merchants to show a “Chat with us” widget on the Magento shops. WebShield, the Hungarian security firm, had reported in September 2017 that Mirasvit Helpdesk extension was vulnerable to two flaws. One enabled hackers to upload files to Magento servers, while another was found to be a banal cross-site scripting issue. According to de Groot, the hackers have this time used the cross-site scripting issue to crack Magento sites. He said that attackers injected the malicious code (XSS payload) in the “Chat with us” widget displayed on Magento stores, whose messages were stored in Magento database. Once injected, the malicious code executed on the pages in the Magento store to collect sensitive payment information of customers from the checkout process. The support…
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NEW YORK, NY – Webair, a high-touch, agile Cloud and fully managed infrastructure service provider, announced that it has been identified as a Representative Vendor in Gartner’s November 2017 “Market Guide for Cloud Service Providers to Healthcare Delivery Organizations.” This is the second year in a row that Webair has been recognized in this report.

According to Gartner’s report, “over the past decade, cloud computing has evolved rapidly and is now considered a viable IT service delivery option for new Healthcare Delivery Organization (HDO) IT initiatives and vendor offerings. HDO CIOs should use this guide to better understand this rapidly evolving marketplace and its notable vendors.”


“We’re proud to once again be named as a Representative Vendor in Gartner’s November 2017 ‘Market Guide for Cloud Service Providers to Healthcare Delivery Organizations’,” comments Michael C. Orza, President and CEO of Webair. “Webair delivers agile, fully managed and healthcare-centric Cloud and IT infrastructure solutions. With our Direct Access Cloud, we’re also able to deliver them securely, completely ‘air-gapped’ from the public internet and segmented from other tenants for maximum security and compliance.”

Webair’s Private, Hybrid and Public Cloud solutions for healthcare customers are backed by the industry’s most comprehensive Service Level Agreements (SLAs) and Business Associate Agreements (BAAs). The Company’s Direct Access Cloud enables cloud and other Webair managed services — such as Disaster and Ransomware Recovery, Managed Security, Off-site Backups, and Cloud Storage — to be delivered directly and securely to healthcare organizations’ internal networks from local data centers. Customers can also consume managed third-party services privately, including Amazon Web Services (AWS), Azure and cybersecurity monitoring from Managed Security Service Providers (MSSPs).

Webair operates a global network of data centers and recovery sites in New York, Los Angeles, Montréal and Amsterdam. The company also employs a HIPAA Compliance Specialist responsible for overseeing proper implementation of managed infrastructure in accordance with HIPAA regulations.

For more information about Webair’s Cloud and IT infrastructure solutions for healthcare, visit www.webair.com/healthcare.

*Gartner: Market Guide for Cloud Service Providers to Healthcare Delivery Organizations, Gregg Pessin, Barry Runyon, 20 November 2017.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Webair
Headquartered in New York for over 20 years, Webair delivers agile and reliable Cloud and Managed Infrastructure solutions leveraging its highly secure and enterprise-grade network of data centers in New York, Los Angeles, Montreal, Amsterdam, and Asia-Pacific. Webair’s key services include fully managed Public, Private and Hybrid Cloud; Customized Networking; Disaster Recovery-as- a-Service; Ransomware Recovery-as-a-Service; Off-Site Backups; DDoS Mitigation; Web and application stacks; and Colocation. Webair services can be delivered securely via direct network tie-ins to customers’ existing infrastructure, enabling them to consume SLA-backed solutions with ease, efficiency and agility — as if they were on-premise. With an emphasis on reliability and high-touch customer service, Webair is a true technology partner to enterprises and SMBs including healthcare, IT, eCommerce, SaaS and VoIP providers. Because Webair focuses on its core value of owning managed infrastructure within its own facilities, it is also an ideal cloud solution provider and business partner for VARs, MSPs, and IT consultants. For more information, visit www.webair.com

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ATLANTA, GA – CyrusOne (NASDAQ: CONE), a premier global data center REIT, announced today plans for expansion into the Atlanta area to service the company’s expanding customer base of hyperscale cloud providers and Fortune 1000 enterprise customers. Upon full build-out, the 44-acre campus in the Atlanta suburb of Douglasville, Georgia, will comprise three data centers, with 440,000 square feet of data center space and 50 megawatts of critical power. Construction is scheduled to begin in the first quarter of 2018 with completion of the first data center planned for the summer of 2018.

“Leadership in technology, financial services, manufacturing, education, and connectivity make Atlanta an especially attractive market for our cloud and enterprise customers,” said Tesh Durvasula, chief commercial officer, CyrusOne. “Atlanta’s diverse economy moves fast and CyrusOne operates in the same manner. Our new Douglasville site is an ideal location for companies fueling Atlanta’s growth to leverage CyrusOne’s state-of-the-art data center solution in this dynamic region.”


“Georgia’s robust network of economic development resources includes the technological infrastructure needed to support industry leaders like CyrusOne,” said Georgia Governor Nathan Deal. “By establishing this new data center in the Silicon Valley of the South, CyrusOne will benefit from our proven record of connectivity and a workforce that is second to none. Georgia is an established innovation hub and this announcement speaks to the value of our technology sector in generating new economic opportunities. We appreciate CyrusOne’s investment in Georgia and share in the company’s vision for future growth.”

“It is our pleasure to welcome CyrusOne and the global technology leaders they serve to Douglasville,” said Douglasville Mayor Rochelle Robinson. “In addition to helping to fuel continued technology and business growth in Douglasville, CyrusOne has a reputation for being an active member of the communities they serve. The company builds energy-efficient data centers and their environmentally-friendly waterless cooling technology does not create a burden on our area’s water resources and sewer system. CyrusOne had numerous options to choose from and we are pleased that they have selected Douglasville.”

CyrusOne’s Atlanta data centers will have access to multiple cloud providers and will be linked to the CyrusOne National Internet Exchange (National IX), which delivers interconnection between other CyrusOne locations across the country. Customers will additionally have direct access to one of the largest fiber hubs in the United States.

CyrusOne operates 44 data center facilities across the United States, Europe, and Asia to provide customers with the flexibility and scale to match their specific IT growth needs. CyrusOne facilities are engineered to include the power-density infrastructure required to deliver high availability, including architecture with the highest available power redundancy (2N).

About CyrusOne
CyrusOne (NASDAQ:CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for nearly 1,000 customers, including 195 Fortune 1000 companies and nine of the top 10 cloud providers. With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOne provides the flexibility, reliability, security, and connectivity that foster business growth. CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its 44 data centers worldwide. Additional information about CyrusOne can be found at www.CyrusOne.com.

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REDWOOD CITY, CA – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has entered into an agreement with Ontario Teachers’ Pension Plan to acquire all of the equity interests in the Metronode group of companies, an Australian data center business, in an all-cash transaction for A$1.035 billion, or approximately US$792 million. Metronode is a leading data center provider operating facilities throughout Australia, housing mission-critical internet and communications infrastructure for some of Australia’s largest corporations, government agencies, telecommunications and IT service providers. Metronode generated approximately A$60 million, or approximately US$46 million, of revenues in the 12 months ending September 30, 2017, with a margin profile accretive to the Equinix Asia-Pacific business. The acquisition agreement was signed on December 15, 2017, and the transaction is expected to close in the first half of 2018, subject to some closing conditions including regulatory approval.

The acquisition of Metronode will further strengthen the leadership position of Equinix in the Asia-Pacific region and support its ongoing global expansion. As a result of the transaction, Equinix will expand its national footprint by adding 10 data centers, strengthening its position in Sydney and Melbourne, and adding a presence in Perth, Canberra, Adelaide and Brisbane, four new metros to the Equinix global platform. This will bring the company’s total International Business Exchange™ (IBX®) data center footprint in Australia to 15 data centers, further extending its global ecosystem coverage and enabling customers to deploy their infrastructure, applications and services closer to the edge.


Australia’s robust economy has seen 26 years of uninterrupted economic expansion, and has maintained an average GDP growth rate of 3.3 percent1, the highest rate among developed countries. Digitally enabled innovations are forecast to contribute between A$140–A$250 billion (approximately US$107–US$191 billion) to Australia’s GDP by 20252. The acquisition of Metronode will further extend Platform Equinix™, providing more businesses with the direct and secure connectivity they need as they increasingly shift to digital business models.

The acquisition will complement the growth strategy of Equinix in Australia by adding two data centers in Melbourne, three in greater Sydney (including one in Illawarra), two in Perth, and one in each of Canberra, Adelaide and Brisbane. The acquired Metronode sites add approximately 20,000 square meters of gross colocation space to the Equinix footprint.

Metronode adds more than 80,000 square meters of land, 90 percent of which is owned, to the global portfolio of Equinix. Several of the acquired assets provide Equinix with the opportunity to build additional capacity and capture benefits of scale over time.

The acquisition will also enable Equinix to provide diverse second campus locations in its existing Sydney and Melbourne metros, providing customers with network-rich redundant options in these markets. In addition, these new campuses are hyperscale ready, enabling Equinix to support requirements from high-growth global cloud service providers.

Metronode’s Perth site on the west coast of Australia will house the landing station for the new Vocus Australia Singapore Cable. When combined with the existing submarine cable deployments in Sydney, Equinix will be positioned as a leading provider of access to intercontinental connectivity across the combined national footprint.

According to the Global Interconnection Index, Interconnection is becoming an essential building block of the digital economy. In Asia-Pacific, the Interconnection Bandwidth of the Government & Education sector is expected to see a compound annual growth rate (CAGR) of 69 percent from 2016 to 2020. The enhanced national footprint of Equinix in Australia creates an opportunity to expand on Metronode’s relationships with government agencies across the Australian market, including supporting the New South Wales Government with the provision of capacity in two data centers for the GovDC program.

Upon close, the acquisition will bring the total Asia-Pacific coverage of Equinix to 40 data centers, and will extend its global footprint to 200 data centers in 52 markets, providing customers with even more ways to securely deploy, directly connect and effectively scale their digital infrastructure with Platform Equinix.

J.P. Morgan served as the financial advisor of Equinix, and Allen & Overy acted as the external legal advisor of Equinix in connection with this transaction. Ontario Teachers’ Pension Plan was advised by UBS and RBC Capital Markets.

About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most interconnected data centers. In 48 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. Equinix.com.

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Silver Spring, MD – AGILE announced that it has completed the acquisition of Gannett’s primary data center located in Silver Spring, MD, Gannett’s private digital network connecting this data center and company headquarters in McLean VA to carrier neutral facilities, as well as Private Digital Network Services, LLC (“PDNS”), the partner firm that assisted in building and maintaining Gannett’s Private Digital Network. AGILE has begun to integrate its legacy, multi-site data center colocation business with these new private digital network capabilities. In addition, AGILE now operates Gannett’s private digital network and provides data center and network services to Gannett under a long-term master services agreement.

“We look forward to continuing our working relationship based on a long track record of strong performance from what is now the AGILE team,” commented Jack Mundie, VP Enterprise Computing and Risk Management, Gannett Technology.


This transaction represents a substantial expansion of the client base, physical assets and technical capabilities of AGILE.

“We are honored and proud to now serve as an important component of the backbone for Gannett’s online content distribution and look forward to expanding our offerings for current and future AGILE clients,” commented Jeffrey Plank, President and CEO, AGILE.

Network Capabilities
AGILE will manage Gannett’s private digital network core, which was developed with PDNS supporting business processing and content delivery, both digital and print. The agreement allows AGILE to leverage additional networking assets within Gannett, including the fiber ring located in Phoenix AZ and capitalize on a multi-gigabit backbone with points of presence in more than 100 major metropolitan areas in the U.S. Network enhancements gained through the acquisition also include a diverse path fiber network and direct fiber connections to two of the largest Internet exchanges in the world.

Physical Assets
The acquisition includes significant physical assets to complement AGILE’s two other facilities, adding a 65,000 sq. ft. building in Silver Spring, MD – a highly desirable location in one of the most important data center regions in the world. The building encompasses a 21,000 SF raised floor data center, 30,000 SF of workstation office space along with disaster recovery seating. The facility has 300 tons of N+N redundant cooling and a 550 kVA N+N UPS system. The Silver Spring site has N+N Redundant generator backup and a total site capacity of 4Megawatts. AGILE also operates facilities in Princeton, NJ and Allentown, PA.

“We have provided compute, storage and network services to Gannett as a service provider for years, and look forward to partnering with our new colleagues at AGILE to continuing meeting or exceeding our clients’ expectations,” said Bob Henley, Chief Operations Officer, AGILE and CEO, Private Digital Network Services, now a wholly owned subsidiary of AGILE.

About Gannett
Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally focused media and marketing solutions company committed to strengthening communities across our network. With an unmatched local-to-national reach, Gannett touches the lives of more than 110 million people monthly with our Pulitzer-Prize winning content, consumer experiences and benefits, and advertiser products and services. Gannett brands include USA TODAY Network with the iconic USA TODAY and more than 100 local media brands, digital marketing services companies ReachLocal and SweetIQ, and U.K. media company Newsquest. To connect with us, visit www.gannett.com.

About AGILE
AGILE is committed to bringing quality IT infrastructure, Private and Hybrid cloud, data, and network solutions to its clients. AGILE specializes in transformational services for clients that need to transition from owned infrastructure to an as-a-service model. Founded in 2015, AGILE is led by a group of seasoned experts. The privately held company has grown rapidly, both organically and through acquisitions, continually enhancing its capabilities and services for current and future clients. Learn more at www.agiledatasites.com.

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