Parallels has announced that the company has entered into an agreement to sell its Odin Service Automation platform to Ingram Micro. The transaction is expected to close by the end of this month. The value of the transaction was not disclosed. Parallels will retain ownership of the Plesk brand of products and Virtuozzo products. Plesk […]

The market capitalization of a few select web hosting and Internet related businesses. Most of the web hosting related stocks below last traded on November 13, 2015. Equinix and Level 3 market capitalization are almost the same. Both market caps of Level 3 and Equinix are in the $17 billion dollar range. Web.com Group Inc., […]

GoDaddy has reported the results of its third quarter that ended on September 30, 215. Trading under the symbol GDDY on the NYSE. GoDaddy’s revenue for the third quarter was $411.1 million dollars (up 15.2% year over year). So for the nine months ended for GoDaddy’s fiscal quarter. The company has revenues of $1.181 versus […]

Endurance International Group (EIG) the parent company behind name brand web hosting services such as Host Gator & BlueHost among many. Has announced that the company will acquire email marketing company Constant Contact, Inc. EIG will pay $32 per share for each share of Constant Contact outstanding valuing Constant Contact at $1.1 billion dollars. This […]

AxisLayer has announced that the web hosting provider is offering 50% off all new web hosting packages purchased on Halloween Day. AxisLayer offers shared web hosting, reseller web hosting, VPS hosting, dedicated servers to domain name registrations. This promotional offer is valid to new customers that purchase a web hosting plan on October 31, 2015.

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