Dec 6, 2010 : Web4Africa Acquires Nairahost

📅 December 6, 2010 - The acquisition not only enlarges the company's market share, but also offers lower pricing and a larger choice of domain extensions to Nairahost customers.

Web4Africa Ltd, a web services company, today announced its 100% client acquisition of Nairahost, a web hosting company.

The company mentions that established in 2004, Nairahost started with a vision to dominate the Nigerian web hosting industry through offering intelligent business solutions in an efficient manner. Nairahost rose rapidly to dominate the Nigerian web hosting industry. Nairahost, before acquisition, was an accredited .NG domain registration and also managed a portfolio of a few thousand domains. It adds that the company would manage Nairahost as an independent entity before fully merging the two operations in early 2011.

The company claims that the acquisition not only enlarges its market share, but also offers lower pricing and a larger choice of domain extensions to Nairahost customers as well as technical support for their web hosting services. The acquisition boosts its current client base of over 8,400 to about 11,500 after an expected overlap of clients has been considered. It also pushes the company's domain portfolio to well over 8,000 and number of domains hosted to well over 4,000.

Oluniyi D. Ajao, Managing Director of Web4Africa Ltd., said, "This acquisition offers an improved service delivery to Nairahost customers. It would offer us a stronger foothold into the vibrant and dynamic market in Nigeria. The acquisition is noteworthy because no merger of operations on this scale has happened before, in the African web hosting industry."