Feeds

Parallels pads hosting play with ModernGigabyte buy

AntiqueGigabyte already taken

Intelligent flash storage arrays

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
'Kim Kardashian snaps naked selfies with a BLACKBERRY'. *Twitterati gasps*
More alleged private, nude celeb pics appear online
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
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.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.