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Endurance International Group (EIG) acquires Site5 and Verio
QuadraNet_Adam
Member
in General
Saw this on vpsB and wanted to share it here as it looks like the big giant EIG has acquired Site5 and Verio. Their mission to dominate the unlimited shared hosting market continues.
"During the quarter, the company acquired assets of Verio and Site5. The total cash consideration for these acquisitions is expected to be approximately $36 million."
https://vpsboard.com/topic/7561-site5-and-verio-accquired-by-eig
Will be interesting to see how this turns out.
Comments
Oh boy.
I thought BWB would have known better than to sell out to EIG.
Verio has been speculated for quite some time.
Ops bad time has started for site5, Period!
EIG will be equal to webhosting in the next ten years...
Aquires is the wrong word. They use the word 'ate' , when it comes to EIG.
Verio has been dead anyway. NTT absorbed it all internally.
inb4 first LET user crying for his client details to be removed.
I Think EGIHosting is better than Endurance International Group