📅 - Web hosting provider Hostopia (hostopia.com👉 Total Reviews: 5 🙌 Average Rating: 3 / 10 👍 Good Reviews: 1 👎 Bad Reviews: 4 👈 Official Responses: 0) announced on Wednesday that it has acquired all the operating assets of TemplateRover.com (templaterover.com), a division of Geeksforless.
The acquired assets include all of the ownership rights to over 3,200 Web site templates that were jointly owned by Hostopia and GFL. Other assets include exclusive rights to 1,600 additional Web site templates, over 30,000 digital images and a retail and channel software distribution system for templates currently powering the template distribution site Templaterover. Hostopia's purchase price for the assets was CAD $247,000.
"Web site design is increasingly demanded by small-and medium-sized businesses endeavoring to establish an online presence or to improve their existing Web sites," says Paul Engels, chief marketing officer of Hostopia. "Our purchase of Web site template business assets from GFL gives us one of the world's largest inventories of Web site templates and images available to communications service providers for sublicense to their customers. The powerful search and distribution software is an added bonus that will help us distribute Web site templates both to service providers and their SMB customers."
Hostopia recently released its financial results and performance for its fourth quarter and fiscal year-end 2007.
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📅 - Web Host C I Host Sells Shared Hosting to X7 - Web hosting provider C I Host (cihost.com👉 Total Reviews: 17 🙌 Average Rating: 1 / 10 👍 Good Reviews: 0 👎 Bad Reviews: 17 👈 Official Responses: 0 -> hostinger.com) announced on Tuesday it has sold its shared web hosting business to X7 Hosting (x7hosting.com👉 Total Reviews: 20 🙌 Average Rating: 1 / 10 👍 Good Reviews: 0 👎 Bad Reviews: 20 👈 Official Responses: 0 -> hostpapa.com), a web services provider operated by Hostopia (hostopia.com👉 Total Reviews: 5 🙌 Average Rating: 3 / 10 👍 Good Reviews: 1 👎 Bad Reviews: 4 👈 Official Responses: 0).
Just less than a year ago, Hostopia itself was acquired by Deluxe Corporation for about $124 million Canadian.
According to the press release, the sale allows CI Host and Cassiopeia Internet to "focus on their managed, dedicated and colocation hosting for their mid and large market enterprise customers while ensuring improved services for the accounts to be acquired by X7 Hosting."
C I Host, which celebrates its 13th year in the industry next month
📅 - Hostopia, Deluxe Merger Approved - Web hosting provider Hostopia (hostopia.com👉 Total Reviews: 5 🙌 Average Rating: 3 / 10 👍 Good Reviews: 1 👎 Bad Reviews: 4 👈 Official Responses: 0) announced on Wednesday that its stockholders have approved the adoption of the agreement and plan of merger, dated as of June 18, among Hostopia, Deluxe Corporation (deluxe.com -> hostpapa.com), its wholly-owned subsidiary Deluxe Business Operations, and Helix Merger, at a special meeting of stockholders held Wednesday. The transaction, valued at approximately CDN$124 million, was previously announced on June 19 by Hostopia and Deluxe Corporation, a company that "helps financial institutions and small businesses better manage, promote, and grow their businesses."The stockholders voted 100 percent in favor of the merger, representing ab
📅 - Web Host Hostopia Acquired for $124M - Shortly after announcing a fairly significant acquisition of its own, private-label web hosting provider Hostopia (hostopia.com👉 Total Reviews: 5 🙌 Average Rating: 3 / 10 👍 Good Reviews: 1 👎 Bad Reviews: 4 👈 Official Responses: 0) reported this week that it had entered an agreement to be acquired by Deluxe Corporation (deluxe.com -> hostpapa.com). According to the announcement, Deluxe, which "helps financial institutions and small businesses better manage, promote, and grow their businesses," will acquire Hostopia in an all-cash deal that values the company at approximately $124 million Canadian.The merger agreement will see Deluxe pay $10.55 for each outstanding Hostopia common share.In July 2006, Hostopia filed its IPO, intending to raise approximately $40 million.
📅 - Hostopia Launches Fax-to-Email services - Reseller web hosting provider Hostopia (hostopia.com👉 Total Reviews: 5 🙌 Average Rating: 3 / 10 👍 Good Reviews: 1 👎 Bad Reviews: 4 👈 Official Responses: 0) announced on Monday that it has launched a private labeled fax-to-email service that telecoms and other service providers can sell to their small business customers. Also known as "IP fax" in the communications services market, says Hostopia, fax-to-email services enable users to send or receive fax messages on their computers via email applications. "The benefit to this is having the ability to send or receive fax messages without the expense and inconvenience of owning a physical fax machine and additional phone line," says Hostopia in its press release."Fax-to-email is in high demand as a business