Web Shared Hosting News

After the multi-billion acquisition of EIG earlier this month, two further transactions lead us to believe there might be further consolidation in the web hosting market to come, amid margin contraction and a shift towards website builders. In Europe, Miss Group – owner of 4 UK host and Stablehost among others – has acquired the Lithuanian web hosting company UAB “Interneto vizija”. The latter has a portfolio of around 68,000 customers with 170,000 domain names and a Tier III datacenter based in the Lithuanian capital, Vilnius. According to PEwire, the revenue forecast for FY2020 stands at €11.5 million with EBITDA margins in excess of 50 percent, which is surprisingly good in the context of the pandemic. This is the 11th acquisition made by Miss Group in two years; the company… Source link

After the multi-billion acquisition of EIG earlier this month, two further transactions lead us to believe there might be further consolidation in the web hosting market to come, amid margin contraction and a shift towards website builders. In Europe, Miss Group – owner of 4 UK host and Stablehost among others – has acquired the Lithuanian web hosting company UAB “Interneto vizija”. The latter has a portfolio of around 68,000 customers with 170,000 domain names and a Tier III datacenter based in the Lithuanian capital, Vilnius. According to PEwire, the revenue forecast for FY2020 stands at €11.5 million with EBITDA margins in excess of 50 percent, which is surprisingly good in the context of the pandemic. This is the 11th acquisition made by Miss Group in two years; the company… Source link

Written by Benjamin Freed Nov 20, 2020 | STATESCOOP Several state and local government agencies around the United States have had their web presences taken out following a ransomware attack against a web hosting provider the agencies share. The provider, Managed.com, was targeted with the REvil malware in an incident that appears to have started Monday. The company has said it took down the entirety of its web hosting services, according to ZDNet, which was first to report the incident. Those services include managed website hosting, email and file-transfer servers and remote access points. But in Managed.com deactivating its hosting infrastructure, several of its clients’ websites have… Source link

As ransomware attacks are on a rise, we see a continuous increase in the victim list. The recent ransomware attack has hit the web hosting provider Managed.com. The service reportedly went down after the incident. Managed.com Disclosed Ransomware Attack On November 16, 2020, the web hosting service Managed.com posted an update regarding an ‘unscheduled service interruption’. Initially, they didn’t disclose any details as they continued investigating the matter. However, the following day, Managed.com disclosed to have suffered a ransomware attack. As revealed, the incident impacted a limited number of websites. However, to prevent the spread of the attack to more customers, the service providers pulled off their entire system. After that, they started working to restore the… Source link

BOSTON–(BUSINESS WIRE)–Black Friday 2020 deals researchers are rating all the best live and upcoming web hosting deals for Black Friday 2020, including all the top savings on website hosting plans from HostGator, Hostinger, SiteGround and more. Links to the latest deals are listed below. Best Web Hosting Deals: Save 75% off at SiteGround for new annual shared hosting plans (starts November 27th) Save up to 60% on Bluehost shared hosting plans at Bluehost.com – includes free domain registration, SSL certificate, webmail, and easy WordPress installation Save up to 90% on Hostinger’s web hosting plans at Hostinger.com – Premium web hosting + free domain starts at $1.89 . Get a further 10% discount with the coupon BLACKFRIDAY Save up to 65% on HostGator website… Source link