Feeds

Exodus buys Global hosting business

And other CashReg titbits

  • alert
  • submit to reddit

Intelligent flash storage arrays

Exodus is to buy Global Crossing's Web hosting business for $6.5bn in shares, the WSJ Web site reports. Global Crossing will end up with 20 per cent of Exodus, already the world's biggest Web hosting company. In July, an attempt to do the deal fell apart in a disagreement over price.



Iomart, the Glasgow broadband provider is buying Edinburgh Web hosting company NSL Internet for a "nominal consideration". For the 12 months to 31 March 2000, NSL lost £323,000 on sales of £298,000. Net liabilities stood at £138,000. Investment in staff (the headcount is currently 27) was responsible for increased losses, according to Iomart.




Redstone Telecom is splashing out £15 million in cash and shares for Dialnet, a small ISP, which lost £690,000 on sales of £2.2 million in 1999.




easier plc which runs British property site, easier.co.uk, has announced pre-tax losses of £6.76 million for the six months ended June 30 based on turnover of £90.26 million. Its cash balance stands at £8.15 million. ®



For more cash reg hell go here - or the puppy gets it.

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.