Web Hosting Provider, CompleteHostingSolutions.com, Acquired by Globat
Posted by Webhost - 27/09/07 at 10:09 pmLos Angeles-based performance web hosting company, Globat.com, has acquired virtually all of the assets of California-based web hosting company, CompleteHostingSolutions.com. Terms of the transaction were not disclosed.
Ben R. Neumann, Chief Executive of Globat.com noted, ”CompleteHostingSolutions.com brings to the table unique features that have made them one of the fastest-growing web hosting companies. With services such as complete access to cron and shell access via SSH, we can now offer even more options to our customers. Being able to meet our customers’ needs has always been a major priority for us. We will also benefit from the fresh expertise of the people who have made CompleteHostingSolutions.com a success.”
A representative for CompleteHostingSolutions.com added, ”We are absolutely thrilled to become part of the Globat.com family. We’re especially eager to combine our unique strengths and experiences with Globat’s and look forward to coming up with the best available products and services around.”
The acquisition is another result of Globat.com’s aggressive growth strategies as it actively seeks out other hosting companies. In addition to procuring more hosting options for their customers, these acquisitions also serve to bring bright new talent into the company. Additionally, they serve to strengthen the company’s stronghold in the industry while increasing its growing visibility among more experienced web hosting consumers.
Founded in 2001, Globat, LLC offers web hosting solutions to nearly 100,000 customers worldwide. Globat.com founder Ben R. Neumann, a two-time Ernst and Young Entrepreneur of the Year award nominee, has been involved in the budget web hosting industry since 1994, when he founded Icom.com, which was sold in 1998. The company is privately held and headquartered in Los Angeles, California.
