Jun 11, 2010 : Steadfast Networks Acquires VPSSpeed


📅 - Acquisition to allow the company to continue its growth in the VPS hosting market.

Steadfast Networks, a data center and dedicated server hosting provider, yesterday announced its acquisition of VPSSpeed, a VPS hosting company. The company claims that acquisition of VPSSpeed allows it to continue its growth in the VPS hosting market.

It states that VPSSpeed customers will continue to receive the level of service they have been accustomed to at VPSSpeed. All accounts will be hosted on high end servers with RAID arrays in one of the company's redundant, self-managed network and data centers. Customer accounts will be hosted on the same OpenVZ, an open-source, container-based virtualization platform for Linux. And all applications will still work the same way.

The company further states that VPSSpeed shares its commitment to energy efficiency. By consuming less power with low-energy processors and components, VPSSpeed and the company run highly efficient data centers with lower operating costs. The lower operational costs is one reason the company offers more competitive pricing for its VPS hosting plans and dedicated server hosting plans.

According to the company, it operates its own redundant network and data centers in Chicago and New York with 24-7-365 on-site staff. Because of this existing infrastructure, customer accounts will be migrated to its Chicago and New York data centers. Customers based in Dallas will be moved to Chicago, while customers in Pennsylvania will be moved to New York. The company will begin migrating VPSSpeed customers in June.

"VPSSpeed has a proven track record of providing excellent customer service and innovative VPS hosting and dedicated server hosting services to customers around the world," says Karl Zimmerman, CEO of Steadfast Networks. "VPSSpeed was one of the first VPS providers to offer 100Mbit/s unmetered VPS hosting along with free Installatron and a custom VPS hosting control panel."

"The only difference from this point forward is all VPSSpeed customers will be hosted on Steadfast Networks infrastructure as we will be offering VPSSpeed services out of our Chicago, IL and Manhattan, NY data centers," said Zimmerman. "VPSSpeed customers will have direct access to a team of VPS hosting solutions experts in our fully redundant data centers 24-7-365."

"VPS hosting and dedicated server hosting performance rely on quality IT infrastructure and expert IT support and staff, and VPSSpeed shares our commitment to creating an ideal data transfer environment for our customers," said Zimmerman. "At Steadfast Networks we are pleased to welcome VPSSpeed to our team and offer reliable VPS hosting and dedicated server hosting."

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