Dec 6, 2016 : GoDaddy Purchases Host Europe

📅 December 6, 2016 - GoDaddy purchased Host Europe on Tuesday for $1.79 billion. This move will expand GoDaddy's a further reaching international presence, especially in the U.K. and Germany.

According to GoDaddy, the deal is expected to be finalized in the second quarter of 2017.

Host Europe started the search for a buyer earlier this year, with many companies showing interest, including United Internet and Deutsche Telekom.

GoDaddy's CEO Blake Irving said of the deal, “GoDaddy has successfully expanded its international business to 56 global markets over the past four years. HEG has built an impressive business that generates strong top-line growth, high margins, and industry-leading customer satisfaction. By joining forces with HEG, we accelerate our expansion into Europe with the delivery of a broader range of cloud-based products, built on a single global technology platform, and supported by unparalleled customer care to help small businesses and web designers succeed online.”

Read more here.

Reads: 1497 | 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

📅 Dec 5, 2016 - Amazon Web Services Will Open Office in Bahrain - Amazon Web Services or AWS is set to open a new office in Bahrain. The office will open on January 1, 2017 and will be found in Manama, the capital of Bahrain. This will be the first Middle East office for the company.

The new office will provides support for businesses of all sizes, along with AWS Cloud Training and Global Certification programs. With a commitment to move forward, the country's economy is a huge part of the decision for AWS to open up ...

📅 Dec 5, 2016 - Oliver Stone’s Dot Com Domain Rescued by Canadian Fan - Director Oliver Stone has quite a following in Canada, and that fan base includes Bill Sweetman, the president of domain acquisition firm Name Ninja. When Oliver Stone's dot com domain wasn't renewed this year due to an oversight by Universal City Studios, Bill took action on Stone's behalf.

“I've long admired Oliver Stone's work, especially his fearlessness at tackling controversial subjects. I didn't want this 19 year-old domain to fall into the wrong hands because Universal City Studios had failed to properly safeguard Mr. Stone's domain.”

When the dropped domain went up for auction last week, Bill purchased it with the intention of returning the domain to Stone. An Ixtlan rep did confi

📅 Dec 5, 2016 - GoDaddy Adding Pro Program Enhancements to WordPress Offering - After acquiring ManageWP, GoDaddy has added in a Pro Program to allow web professionals to use bulk updates and other functions from one dashboard. Along with launching the Pro ManageWP product, GoDaddy has also announced more discounts and incentives for Pro members.

The Pro Program allows designers and developers to receive referrals and provide services through GoDaddy Pro Connect. This fits with the vision of saving designers and developers time, which was one of the main reasons for the acquisition of ManageWP.

.

📅 Dec 6, 2016 - AOL CEO ‘Cautiously Optimistic’ About Yahoo Deal - Following the cyber attack on 500 million Yahoo users, Verizon's deal to acquire Yahoo for $4.8 billion and merge it with AOL has stalled. Tim Armstrong the CEO of AOL is still optimistic that the deal will close. “I'm cautiously optimistic that it will happen,” he told recent attendants of the Business Insider's Ignition Conference. He added, “The companies are working well together. There's been a constructive dialog around things like the data breach that need to get resolved.”

Following Yahoo's announcement that it had been victim to a massive cyber attack in 2014, the deal was put in jeopardy.

Read more here.

📅 Dec 6, 2016 - Verizon Data Centers Being Bought by Equinix for $3.6 Billion - Another blockbuster deal was announced in the data center industry. Equinix will purchase a large portion of the data centers of Verizon Communications for $3.6 billion. Verizon has been trying to sell this portion of their data center business since the beginning of the year.

Equinix says it is purchasing 24 of the data center sites, which includes most of the sites Verizon acquired in 2011 from the acquisition of Terremark Worldwide. The deal is expected to be closed by the middle of 2017 and will give Equinix another 2.4 million gross square feet, while bringing their total data center numbers to 175.

.

📅 Dec 7, 2016 - CEO of AOL Believes Yahoo Acquisition Will Happen - Tim Armstrong, the CEO of AOL, recently stated that he believes the $4.8 billion deal for Verizon to acquire Yahoo and merge with AOL will still happen. It was stalled due to the hacking of 500 million Yahoo users.

Verizon won the bit for Yahoo after a long auction process, but two months later the breach Yahoo suffered in 2014 was revealed. This put the deal in jeopardy, but Armstrong believes it will ...