Feeds

Parallels pads hosting play with ModernGigabyte buy

AntiqueGigabyte already taken

Secure remote control for conventional and virtual desktops

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Ellison: Sparc M7 is Oracle's most important silicon EVER
'Acceleration engines' key to performance, security, Larry says
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
Troll hunter Rackspace turns Rotatable's bizarro patent to stone
News of the Weird: Screen-rotating technology declared unpatentable
prev story

Whitepapers

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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.