Pipex in talks to buy Host Europe
PrintNot so much
Posted in Telecoms, 25th March 2004 08:35 GMT
Free webcast: Service level monitoring and management
Pipex is in discussions to buy Host Europe , the rival web host, for £31.2m in cash. They haven't struck a deal yet, but the talks seems to have leaked, which is why Host announced the news in a regulatory statement yesterday.
Pipex Communications was formed in October 2003, when
GX Networks shelled out for Pipex in October 2003. It stumped up £55m in cash and shares for the company and promptly rebranded itself as Pipex Communications. At the time of acquisition Pipex had £20m cash in the bank.
Pipex Communications is a consolidator in the ISP and web-hosting companies, buying several firms in a quick dash. The full list is here in our story about its Pipex takeover. ®
Enabling The Agile Data Center
Checklist: signs you need to upgrade your business phone system
Analyst Keynote: The Register Agile Data Center Summit
SMB phone systems product requirements worksheet
Service level monitoring and management
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter