ASX listed Internet company ehyou.com has completed its sixth acquisition of a small Web hosting firm in its quest to grow the customer base of its Web hosting subsidiary, Ozhosting.com.
The company has purchased Ocean Internet for an undisclosed sum, again primarily to gain access to new clients for its Ozhosting.com business.
The acquisition of Ocean Internet is the sixth such Web hosting buy for ehyou.com, which has acquired quite a taste for Web hosting firms worth under $1 million. It follows the acquisitions of Super-hosting.com.au iAsiaworks, Domains N' Servers, Ice Blue and Moniker.
Chief executive officer Dominic Carosa said ehyou.com is cashed up to the tune of approximately $5 million to make further acquisitions in the Web hosting space.