UK hosting provider Namesco Limited (www.names.co.uk) today announced the acquisition of Simply.com Limited for a total cash consideration of £2.15 million.
The merger instantly doubles the size of Namesco, which will now manage over 170,000 domain names, firmly positioning the company within the top domain registration and hosting providers in the United Kingdom.
Simply.com has been trading since 1998 as a domain registration, web hosting and server rental business and now has 32,000 active customers, 91,000 domain names and some 9,600 hosted accounts. Based in Malvern, Worcestershire, Simply.com is just 10 miles from Namesco's offices in the City of Worcester, where operations are already being consolidated.
Both businesses are highly complimentary but each has significant cross sell opportunities such as Broadband, Reseller Hosting, Server Rental, European Domain Registration, E-commerce and Web Design Solutions.
Conveniently located "next door" to each other at the Telehouse Europe and Redbus facilities in London's docklands, the two companies' network infrastructures will continue to operate in tandem.
Existing customers of Simply.com will soon benefit from Namesco's award winning shared hosting platform, which recently won Best Budget Host from the Web Host Directory. In addition, a single login for all aspects of account management and service configuration will soon be made available.
This press release was distributed by ResponseSource Press Release Wire on behalf of Namesco in the following categories: Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.