technology

NEW YORK, NY – LaterPay – a technology company offering an industry-first, patented payment infrastructure designed to offer users immediate, frictionless access to content or services without requiring upfront registration or payment – has partnered with enterprise digital experience platform WordPress.com VIP to help publishers and digital media companies monetize content and services on their WordPress-powered websites.

WordPress.com VIP – which handles hosting, guidance, and support for major publishers including Time Inc., News Corp, and PMC – will offer LaterPay as a technical integration, making it available to clients on its platform as a plugin.


LaterPay saves users time and increases conversions for publishers. Instead of requiring upfront registration and payment – which derails over 98 percent of all intended purchases – LaterPay defers this process until customer purchases across websites reach a $5 threshold. By using LaterPay, VIP-hosted publishers can simultaneously expand existing subscription models, increase their paying customer base, and improve their user experience.

“We are always looking for new tools to offer to help our clients smartly increase reader revenue,” said Tamara Sanderson, Head of Partnerships at WordPress.com VIP. “We’re excited to add LaterPay and their innovative, pay later approach to subscriptions.”

Publishers that integrate LaterPay on their VIP-hosted site can choose from a number of monetization solutions that best suit their needs. For instance, publishers can prompt users to purchase a specific article, timed access to content, or a full subscription. Single purchases and time passes complement the full subscription model by pulling new potential subscribers into the publisher’s ecosystem while generating incremental revenues.

“Our collaboration couples first-rate enterprise hosting and support with a frictionless monetization solution,” said Hal Bailey, chief revenue officer at LaterPay. “We are excited to offer publishers an incredibly frictionless way to take advantage of all the monetization options that live between ads and subscriptions.”

About LaterPay
LaterPay turns users into paying customers for digital content or services such as journalism, videos, and software. LaterPay owns patented technology for enabling payments and micropayments without upfront registration and payment, facilitating the “use now, pay later” approach. This allows users to consume paid content and services on the internet with one or two clicks — without prior registration or having to pay in advance. It is only when the online tab’s limit is reached that users are prompted to register and pay via one of many popular payment methods. By decoupling purchases from payments, LaterPay lowers the entry thresholds for users to consume digital goods and services. With LaterPay, companies can tap into new customer groups, get users acquainted with paid content, and gradually but successfully market higher-value paid models such as time passes and subscriptions. In this manner, LaterPay builds a bridge between free, ad-financed offerings and subscription models by providing a paygate. LaterPay aims to empower content providers to monetize the vast space that lives between ads and subscriptions.

About WordPress.com VIP
WordPress.com VIP offers a fast, scalable and secure managed cloud platform, expert code review, and end-to-end guidance on running content applications at scale. VIP provide hosting and support for some of the biggest brands on the web, including News Corp, Time, Inc, and Facebook. VIP’s partner network offers the best WordPress design and development shops on the planet along with top notch technical integrations. These technical partners are services with which we have developed tight integrations and close business relationships. They have been carefully vetted for performance, security, ease of use, and scale, and are certified and supported by our team.

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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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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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ZNetLive, India’s leading web hosting and cloud services provider, today announced the launch of High Availability (HA) cloud servers to provide businesses with high uptime and reliability. The servers are packed with enterprise grade hardware and scalable cloud technology for improved performance and flexibility to meet all business needs. “Our new offering has been designed to meet the high-performance operational needs of enterprises at affordable prices. State-of-the-art infrastructure backed with cloud technology will help companies build and run applications faster with dedicated resources and meet their digital transformation goals. Plus, our support team will always be there to provide resolution for any issues related to the service.” said Munesh Jadoun, Founder & CEO, ZNetLive. The cloud servers that can be fast provisioned, are equipped with hybrid storage (SSD/SAS) and come with a powerful Plesk control panel. ZNetLive HA cloud servers are hosted in the top of line…
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