Web hosting provider Hosting announced on Monday it has acquired managed hosting provider NeoSpire. The terms of the transaction were not disclosed. The acquisition both expands the physical footprint of Hosting.com and adds additional expertise to the company's portfolio of services.
With data centers in Dallas, Denver, Irvine, Louisville, Newark Delaware, and San Francisco, the company is "well-positioned to offer expanded services to customers in the south with geographic diversity across the country," according to the press release.
"The synergistic relationship between NeoSpire's managed hosting services, including managed security, application hosting, database administration, exchange hosting, SaaS hosting and colocation work well within the current and future direction of Hosting.com's strategic plans," said Art Zeile, CEO of Hosting.com. "We're excited to bring their current customers into our portfolio and leverage NeoSpire's extensive security operations and expertise."
NeoSpire customers will be able to benefit from Hosting.com's experience and technical leadership for availability and recovery services.
Customers will have access to the entire suite of enterprise-class Hosting.com services, including the recently launched Cloud Replication solution that uses VMware vCenter Site Recovery Manager 5, and its private cloud service which was launched in May 2010.
With this acquisition, Hosting.com now has over 131,000 square feet of available colocation space in six geographically dispersed cities to deliver business solutions to customers throughout the United States.
Hosting.com, which is backed by private equity firm Pamlico Capital, was advised by Alston and Bird, Ernst and Young, W. David Snead, EKS&H, and Moreton & Company. On NeoSpire's side, DH Capital served as exclusive financial advisor to the company on the transaction, while Patton Boggs acted as legal counsel to NeoSpire in connection with this transaction.