Jax-Based Web.com Group Becomes Newfold Digital In $3B Deal

Jacksonville-based Web.com Group Inc. (Web) and Endurance Web Presence have been combined into the formation of Newfold Digital in a transaction valued at approximately $3 billion.

Web CEO and President Sharon Rowlands and Web CFO Christina Clohecy will lead Newfold Digital.

Web has come a long way since gaining traction as Website Pros Inc. in the early days of the internet in 1999. Today its brands include Network Solutions, Register.com, Web.com and CrazyDomains.

The Jacksonville-side of Newfold Digital traces its roots back to 1997 when former Web.com CEO and President David Brown founded Atlantic Teleservices.

Like Web, Endurance Web Presence – which is based in Burlingon, Mass. – provides web hosting and domain name registration solutions; primarily through its Bluehost,…


Source link

About hosting

Check Also

RTE Maura Derrane fans raving over 'gorgeous' outfit detail as Today Show star … – Galway Beo

RTE star Maura Derrane has had fans obsessing over her latest outfit as she showed …

Leave a Reply

Your email address will not be published. Required fields are marked *