HOSTWAY AND HOSTING MERGER

Discussion in 'Server and Hosting Industry' started by Divyansh_Rai, Jan 20, 2019.

  1. Divyansh_Rai

    Divyansh_Rai New Member

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    Hostway and Hosting.com announced the merger of the two organizations, combining to create one of the largest managed cloud services platforms in the world. Both companies are known for secure, compliant managed hybrid cloud solutions and together will have an unmatched set of products and services with the ability to scale for their clients’ growing needs.

    The combined organization has 14 world-class data centers in five countries across three continents and will be led by Emil Sayegh as CEO and president. Investors Littlejohn & Co., LLC and Pamlico will stay on to equally back the combined entity.

    “Both Hostway and HOSTING have always had an uncompromising commitment to customer service and an incredible history of pioneering leading-edge solutions into the market.

    This merger is a natural progression of the two companies’ focus on providing solutions for CIOs and IT leaders to reduce costs, mitigate risks and increase business agility,” said Sayegh. “Our combined strengths benefit all our customers by delivering even more product sets and the scalability to adapt to clients’ changing needs. We will be in a unique position to help customers every step of the way as they make the journey to hybrid cloud environments while protecting them against ever-emerging threats.”

    “Both Pamlico and Littlejohn came together to back this merger because we believe the combination makes for an undisputed leader in IT transformation solutions for mission critical applications, and provides opportunity to dominate the market,” said Michael Kaplan, Managing Director, Littlejohn & Co.
     
    Last edited by a moderator: Jan 21, 2019
  2. Patrick_Kane

    Patrick_Kane Member

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    “Both Pamlico and Littlejohn came together to back this merger because we believe the combination makes for an undisputed leader in IT transformation solutions for mission critical applications, and provides opportunity to dominate the market”
    +1
     

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