Feeds

Parallels pads hosting play with ModernGigabyte buy

AntiqueGigabyte already taken

HP ProLiant Gen8: Integrated lifecycle automation

Parallels - the software artist formerly known as SWsoft - has snatched up billing dandy ModernGigabyte in a bid to strengthen the company's products that cater to hosting providers.

Parallels gains ModernGigabyte's equally modern ModernBill software that automates a number of the billing jobs associated with the hosting industry. So, we're talking about software that handles customer sign-ups, account creation, payment processing and web-based account control. ModernGigabyte aims the software at ISPs for things like hosting and Wi-Fi service management.

Virtuozzo Containers, Parallels' flagship server virtualization product, has long been the product of choice among hosting providers. The containers model embraced by Parallels allows companies to create tens and even hundreds of virtual systems off a single copy of an operating system. This strategy lets the users pack lots of virtual machines on a single box and saves on software costs since you're making the most out of an OS.

The agreement between Parallels and ModernGigabyte will be announced tomorrow, although we learned about it early thanks to a vigilant reader who passed along a ModernGigabyte customer notification.

"We would like to assure you that Parallels has no intention of discontinuing ModernBill or eliminating support for any of the popular control panels that it supports today," ModernGigabyte told its users. "The latest version of ModernBill is the ideal complement to the Parallels family of control panels including Plesk, Virtuozzo, Parallels Pro and Helm. Development will continue to be performed by our development team and support processes will remain in place to ensure no interruption to your existing business."

According to the notice, ModernBill will be built into Parallels' Plesk management console that's also targeted at hosting companies. As we understand it, ModernBill will turn into Parallels Plesk Billing.

You're not meant to look at this web site which confirms the deal until tomorrow. So, please behave.

Financial terms of the acquisition were not disclosed, and the deal between the two private firms was actually approved by both companies in Jan. ®

Reducing security risks from open source software

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
Carbon tax repeal won't see data centre operators cut prices
Rackspace says electricity isn't a major cost, Equinix promises 'no levy'
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.