Feeds

Parallels pads hosting play with ModernGigabyte buy

AntiqueGigabyte already taken

Combat fraud and increase customer satisfaction

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. ®

3 Big data security analytics techniques

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.