📅 - New-Zealand based Web hosting provider Web Drive (webdrive.co.nz -> openhost.co.nz -> crazydomains.com) announced on Monday it has completed its ninth acquisition.
The company, headed by two 29-year-olds Daniel Williams and Steve Hogg, acquired the customers and assets of Web hosting provider Webbase (webbase.co.nz -> openhost.co.nz -> crazydomains.com), adding a further 640 clients to its customer base. With the acquisition of Webbase, Web Drive is expecting revenues to exceed $1.5 million this year, having achieved a growth rate of over 150 percent in the last two years.
"We're very excited about the acquisition as it gives us an opportunity to establish a presence in the discount market through an existing brand," says Williams. "Our next major goals are expansion into the Australian market, and taking a bite of the lucrative software market with several new products aimed at global business customers."
With market share currently sitting at around five percent the company is looking to double this to 10 percent in the next 12 months through further acquisitions, expansion, and diversification.
Reads: 2025 | Category: General | Source: TheWHIR : Web Host Industry Reviews URL source: http://www.thewhir.com/marketwatch/082106_Web_Drive_Makes_9th_Acquisition.cfm
Company: Web Drive [webdrive.co.nz -> openhost.co.nz -> crazydomains.com]
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Related news
📅 - Web Host Averts Phishing Scam - New Zealand-based Web hosting provider Web Drive (webdrive.co.nz -> openhost.co.nz -> crazydomains.com) announced on Tuesday it had successfully averted a potential phishing scam targeted at National Bank customers after discovering a person from overseas had registered roughly 25 variations of the bank's Web address. "They used different credit card numbers to register the domains through our automated registration system, so our suspicions were quickly raised," says Web Drive managing director Daniel Williams.Web Drive immediately cancelled the domains on Sunday morning and re-registered them under its own name to prevent them from being registered elsewhere.Phishing scams use blanket ema
📅 - Web Drive Adds Automated Recovery - Web hosting and network service provider Web Drive (webdrive.co.nz -> openhost.co.nz -> crazydomains.com) announced on Thursday it will improve on the one hour server replacement standard with a new automated service that puts businesses back online within minutes following a hardware failure. "When businesses are offline, there's more than just the cost of lost sales and communications," says Web Drive managing director Daniel Williams, "there's the emotional cost of frustration, stress, and anxiety, which can be far more damaging."Starting July 1, Web Drive will introduce a server hardware replacement and data restoration service that customers can activate themselves. Having full server control ena
📅 - Webbase Launches Hosting Services - New Zealand-based hosting and domain registrar provider Webbase (webbase.co.nz -> openhost.co.nz -> crazydomains.com) announced on Tuesday it has launched a range of new wholesale and value added services, along with a newly revamped Web site. The company recently spent thousands of dollars investing on its new hosting infrastructure. The new wholesale service offerings include dedicated servers with the direct admin control panel, one hour hardware replacement guarantees and a private label helpdesk for resellers. Additionally, end user customers will receive a free upgrade with new service guarantees including 30 minute helpdesk responses."We have been planning the release of the new services and we
📅 - Web Drive Provides CallPlus Hosting - New-Zealand based Web hosting provider Web Drive (webdrive.co.nz -> openhost.co.nz -> crazydomains.com) announced on Monday it has secured a contract to supply Web hosting and domain registration to telecom provider CallPlus (callplus.co.nz) and its subsidiary Slingshot's (slingshot.co.nz) 130,000 customers. Working with Web Drive, CallPlus has put together Windows and Linux Web hosting plans at competitive rates that will be available within weeks. CallPlus says it is now one step closer to consolidating all its communications services by removing the need for multiple suppliers and billing arrangements.Web Drive says the deal is further evidence that the company is achieving its vision of becoming N
📅 - Web Drive Acquires Openhost - New-Zealand-based Web hosting provider Web Drive (webdrive.co.nz -> openhost.co.nz -> crazydomains.com) announced on Friday it has acquired the Web hosting and domain name business of Openhost (openhost.co.nz👉 Total Reviews: 2 🙌 Average Rating: 1 / 10 👍 Good Reviews: 0 👎 Bad Reviews: 2 👈 Official Responses: 0 -> crazydomains.com). Openhost, which is less than 18 months old, was started in 2005 and has quickly grown to become a leading provider in New Zealand's discount hosting market, says Web Drive. The acquisition means further consolidation of the hosting industry in New Zealand, especially for Web Drive, who acquired the 1,500 customers of Christchurch-based provider Webbase last year."We're very excited about taking over Openhost," says Daniel Williams, managing director of Web Drive. "While Web Drive offers a prem
📅 - New-Zealand based Web hosting provider Web Drive (webdrive.co.nz -> openhost.co.nz -> crazydomains.com) announced on Monday it has completed its ninth acquisition.
Reads: 2025 | Category: General | Source: TheWHIR : Web Host Industry Reviews