Feeds

Parallels pads hosting play with ModernGigabyte buy

AntiqueGigabyte already taken

Reducing the cost and complexity of web vulnerability management

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

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.
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.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.