(The Hosting News) – Big news for hosting provider PEER 1: The company is set to become a part of Cogeco Cable after the two sides announced an acquisition on Friday. Worth $3.85 in cash per share, the deal is expected to expand Cogeco’s portfolio with services geared towards SMBs. In a press release discussing the matter, Louis Audet, CEO of Cogeco, called the move “consistent with Cogeco Cable’s commitment to grow its presence in the sector.” “There are significant opportunities for growth including increasing Cogeco Cable’s penetration of the small and medium-sized business segment, gaining market share in the enterprise services market and maximizing the potential of current services offered,” Audet continued. PEER 1’s services included managed services, infrastructure, e-commerce, dedicated servers, maintained by nineteen data center locations. The web host’s CEO, Fabio Banducci, meanwhile, referred to Cogeco Cable as a “well positioned telecommunications company,” calling the acquisition an “ideal match for PEER 1.” The decision comes after consultation with RBC Capital Markets and was fully supported by PEER 1’s board of directors. PEER 1 Acquired by Cogeco Cable for $3.85/Share
(The Hosting News) - ZerOne Hosting’s Windows VPS Hosting plans with Advanced Data Restore are now available with SSD storage. The new storage medium offers extremely high IOPS and disk transfer speeds. Compared to traditional HDD storage, SSD is up to 144x faster (77000 IOPS compared to 533 IOPS of a typical 15K SAS disk). This makes SSD storage essential for database intensive applications and high traffic websites and allows every Windows VPS to perform at its best without any bottlenecks from the disk subsystem, no matter the workload. The SSD storage option is an important addition to the industry-leading characteristics of ZerOne Hosting’sWindows VPS Hosting Services which have been designed to provide world-class reliability, speed and flexibility to today’s demanding VPS clients.
(The Hosting News) – GalaxyVisions, the New York metropolitan region’s most customer-focused provider of Internet hosting solutions, today announced the availability of dedicated server plans for multi-player game servers, including Minecraft, DayZ, Call of Duty and more. The plans enable game developers and groups of players to host their own games on reliable hardware with fast Internet connections. Once the server is purchased, users need only configure it for their game and invite friends to start playing. “GalaxyVisions has gained a reputation for providing excellent service and reliability to providers of such latency-sensitive applications as Internet telephony.
(The Hosting News) – OnRamp, a data center services provider headquartered in Austin, Texas, is helping businesses prepare their IT infrastructure with disaster recoverysolutions as the weather transitions from hurricane season to the upcoming winter months. Because inclement weather is now expected to be far more intense than meteorologists’ predictions, as was the case with the 2012 hurricane season, the importance of a business continuity plan is heightened. Natural disasters come in a variety of forms, but the most prevalent at this time of year include gusting winds, freezing rain, sleet and snow. In large amounts, these conditions can disrupt a city’s utilities, often resulting in widespread power outages or blackouts, wreaking havoc on a business’s IT infrastructure. This year’s hurricane season serves as a prime example of the unpredictability of the nation’s weather patterns, which produced far greater activity and record-setting events outside of meteorologist’s expectations. Beginning with an unusually early start to the season, in its duration, 19 named storms and 10 hurricanes were produced.
(The Hosting News) – Cloud management provider MangeIQ will be acquired by popular Linux OS operator Red Hat in a deal totaling $104 million. The company buy was announced Thursday. The move appears to be a natural fit as ManageIQ was already a member of Red Hat’s partnership program. “We are very excited to be joining Red Hat. Our strong virtual and cloud management solutions, highly differentiated technology and experienced team are a perfect fit with Red Hat. We share a common vision of cost effective, open and automated deployment and management of enterprise IT cloud resources,” commented ManageIQ co-founder Joe Fitzgerald in a press release. Meanwhile, new services that will be added to Red Hat’s portfolio thanks to the deal include virtualization, hybrid cloud management along with an IaaS called CloudForms.