45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
Menu
WHTop → 📋 News → Fidelity Bought by Fusion for $30 Million
Dec, 2015 : Fidelity Bought by Fusion for $30 Million
📅 - Fidelity, a voice and data company was recently acquired by cloud service provider Fusion for $30.0 million. The deal was split with $28.5 million paid in cash and another $1.5 million given in Fusion common stock.
Fidelity is based in Beachwood, Ohio and provides cloud connectivity, voice, storage and security services, along with a data center. They have about 2,000 business clients found throughout the Midwest and the entire United States.
Fusion has set a goal of completing the integration of Fidelity into their services by the end of the second quarter of next year.
Reads: 1048 | Category: General | Source: TheHN : The Hosting News
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Other news
📅 - Sandvine Report Shows Netflix Dominating North American Streaming Traffic - About 70% of all downstream internet traffic is made up of streaming video and audio. According to the research done by Sandvine, Netflix is the leader when it comes to streaming traffic in North America. They account for over 37% of the traffic with YouTube the closes competitor at nearly 18%.
All of the major players in video streaming increased their share of traffic from the last report done by Sandvine. Netflix may be the leader, but Amazon Video, Hulu and YouTube have all grown, as well.
As streaming video traffic grows BitTorrent traffic continues to decline. IN 2008, BitTorrent made up about 31% of the traffic, while the new report only shows BitTorrent with about 5% of the traffic
📅 - Net Neutrality Enforcement Defended by the FCC in Federal Court - The United States Telecom Association would like to see the net neutrality order from the FCC reversed. The case was heard in an appeals court last week and the FCC defended their position.
In February of 2015, the FCC reclassified internet services under Title II of the Communications Act. They reclassified these services as telecommunications, which means ISPs may be regulated in a similar was as telephone providers.
Telecom argued that the FCC doesn't have the authority to reclassify mobile and fixed broadband as common carrier services.
Read the full article here.
📅 - This Year’s Best Holiday Gadgets - It's time to start shopping for your loved ones, and maybe even for yourself, to stock up on the latest gadgets and best holiday deals. It's that time of year when you want to catch a great deal on smart devices, laptops, tablets, and more. This year, everyone is talking about music, smartwatches, tablet laptops, and automation.
It's a great time to get your home automated with Wink Hub's tool that allows you to control your thermostat, locks, garage door, switches, and more in one spot. Nest Thermostats are available to prevent your kids from touching the temperature too.
Be sure to check out the table laptop Microsoft Surface Pro 3 for a light and powerful option, the smartwatch by Pebb
📅 - OnlyDomains Bought by CentralNic Ltd. for AUS$33 Million - CentralNic Ltd., a web hosting company recently announced the purchase of domain OnlyDomains, a domain registrar. They paid AUS$33 million or $24 million US for the acquisition.
CentralNic is located in Moorgate, London, UK and provides a number of domain services including SLDs, ccTLDs and a new batch of TLDs including .xyz, .online and .site. They also offer a range of hosting services and the company is traded on the London Stock Exchange.
This marks the second domain registrar CentralNic has acquired. They also bought Internet.bs for $7.5 million in 2014.
📅 - RackHD Released by EMC under the Apache License - Recently, EMC Corporation announced the release of their open source project RackHD. This project is a platform-agnostic technology stack, which will help to solve the challenge of managing both server and network resources in data centers.
The software offers a solution for hardware management with the ability to automate some of the process. RackHD API may also be used by developers in larger orchestration systems or to create an interface for hardware management. It has been designed specifically to help accelerate deployment of applications using large amounts of commodity servers. .
📅 - Clearleap, Inc Recently Acquired by IBM - Big Blue or IBM, recently acquired the “TV Everywhere” company called Clearleap, Inc. Clearleap is headquartered in Duluth, Georgia and provides a cloud-based IP video platform for delivering TV and other types of media.
IBM, headquartered in Armonk, New York, is a massive brand recognized worldwide. This acquisition is another move in the direction of redefining what IBM does and how they operation. They also acquired the company SoftLayer in 2013, which will play a role in the integration of Clearleap, along with Cleversafe, which was acquired recently, as well. .
📅 -