Web Shared Hosting News

Investment firm Clearlake Capital Group has announced a host of financial dealings that will have a major impact on the web hosting sector. Perhaps the most eye-catching news released by the company is the completion of its $3 billion all-cash takeover of the Endurance International Group. Clearlake’s purchase of Endurance was originally announced in November of last year but closure had to wait until the new year. With the acquisition closed, Endurance will now be delisted from the NASDAQ stock exchange. Upon announcing the deal, Clearlake also confirmed that it would be forming a new web hosting company called Newfold Digital in partnership with Siris Capital Group. Newfold Digital will be an SMB-focused provider of web presence solutions, replacing both Endurance Web Presence and… Source link

Investment firm Clearlake Capital Group has announced a host of financial dealings that will have a major impact on the web hosting sector. Perhaps the most eye-catching news released by the company is the completion of its $3 billion all-cash takeover of the Endurance International Group. Clearlake’s purchase of Endurance was originally announced in November of last year but closure had to wait until the new year. With the acquisition closed, Endurance will now be delisted from the NASDAQ stock exchange. Upon announcing the deal, Clearlake also confirmed that it would be forming a new web hosting company called Newfold Digital in partnership with Siris Capital Group. Newfold Digital will be an SMB-focused provider of web presence solutions, replacing both Endurance Web Presence and… Source link

Clearlake Capital and Siris Capital have created a new web hosting major after taking control of Bluehost, HostGator and Sorry, you need to subscribe to read this article. If you would like to access this article you must become a Premium Subscriber. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles – all which are accessible via our mobile platform. Subscribe below or contact customerservice@altassets.net Source link

If you don’t have a background in creating web pages, it’s easy to misunderstand how the process of creating a site and making it available to visitors on the web actually works. Website building apps are everywhere out there, many with incredibly simple drag-and-drop interfaces that make building pages and actually putting together the core functionality of a website in a matter of minutes very simple.  The runaway leader in this category is WordPress, the content management system behind almost 40% of all the websites in existence today. But even with a platform as universally accepted as WordPress, that doesn’t necessarily mean every web hosting service has the technology to provide a home for your WordPress site without hassles. That’s where enlisting a service like WP Buzz can… Source link

Cybercriminals often attack websites in order to extort a ransom from their victims but a recent cyberattack against the web hosting company No Support Linux Hosting took quite a different turn. After a hacker managed to breach the company’s internal systems and compromise its entire operation, No Support Linux Hosting has announced that it is shutting down. The company alerted its customers to the situation before shutting down its website in a message, which reads: “On February 8, 2021, a hacker successfully compromised all the servers we use to operate our business including the No Support Linux Hosting web site, Admin section, and our customer database. We can no longer operate the No Support Linux Hosting business.” No Support Linux Hosting then urged users to download backups… Source link