**Editor’s Note: Please click
for a recap of the biggest channel-impacting mergers in Q3 2013.**
Cloud and hosting provider Internap Network Services Corp. is buying rival iWeb in a deal valued at about $145 million.
iWeb, based in Montreal, Canada, serves 10,000 SMBs in more than 100 countries and employs 200 people. Internap said the combination of the two companies will create a top-five, pure-play IT infrastructure provider bringing in more than $320 million in revenue. Internap expands its geographic reach as a result of the deal and doubles the size of its IaaS R&D resources, since both organizations are active in the OpenStack Foundation.
The transaction is expected to close in December.
The monetization revolution can transform your partner program, boost your productivity and bottom line. goo.gl/fb/Zg5Gke
January 16 2019 @ 18:48:27 UTC
.@bcntelecom1 expands reach in Canada with @telus partnership goo.gl/fb/vyLZ6i
January 15 2019 @ 19:53:17 UTC