Australian hosting provider VentraIP has acquired Queensland-based host IntaServe. VentralIP has picked up boutique hosting and domains reseller 9Web and co-location and dedicated server company GoDedicated, since the spring.
IntaServe has over 15,000 customers running over 45,000 services, VentraIP says, after all of them migrated to the larger company’s Dell cloud infrastructure the brand will be retired. VentraIP says that most customers will pay the same price for the equivalent hosting plan, although IntaServe’s free hosting will be discontinued.
IntaServe was acquired by Hostway back in 2005, and subsequently purchased by current CEO Jon Eaves in 2012.
VentraIP provided over 75,000 customers after the GoDedicated acquisition, and calls itself Australia’s largest independent domain name registrar. The company made over $4 million in revenue in 2014 on 57 percent growth.
CEO Angelo Giuffrida said the acquisition adds over $1.4 million (AUD) in annual revenues, and boasts the company move forward.
The web hosting industry is undergoing a huge consolidation period and it is important that partners and acquirers are carefully chosen to ensure stability and customer retention,” said Eaves. “We know that the IntaServe customers are in the best hands, and will have a whole new suite of additional products to help grow their businesses”.
source:thewhir.com