Namesco buys Simply.com
Web host mergers
Posted in Telecoms, 22nd September 2004 09:57 GMT
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UK web host outfit Namesco Limited (www.names.co.uk) has snapped up Simply.com Limited for £2.15m in an all cash deal. The merger effectively doubles the size of Namesco, which will now manage more than 170,000 domain names.
Based in Malvern, Worcestershire, Simply.com is just ten miles from Namesco's offices in Worcester. The combined group employs around 30 people. Simply.com has been in business since 1998 and has 32,000 active customers, 91,000 domain names and some 9,600 hosted accounts.
Two weeks ago AIM-listed Iomart Group plc bought host outfit Easyspace Ltd for £10.5m. Over the last year or so Iomart has also bought Internetters and NicNames. ®
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