Menu hosts a spending spree hosts a spending spree

ASX listed Internet company has completed its sixth acquisition of a small Web hosting firm in its quest to grow the customer base of its Web hosting subsidiary,

The company has purchased Ocean Internet for an undisclosed sum, again primarily to gain access to new clients for its business.

The acquisition of Ocean Internet is the sixth such Web hosting buy for, which has acquired quite a taste for Web hosting firms worth under $1 million. It follows the acquisitions of iAsiaworks, Domains N' Servers, Ice Blue and Moniker.

Chief executive officer Dominic Carosa said is cashed up to the tune of approximately $5 million to make further acquisitions in the Web hosting space.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


Show Comments