Hosting and cloud services company Leaseweb Global announced the acquisition of iWeb, a Canadian cloud hosting, server hosting and hosted solutions provider. Terms of the deal were not disclosed.
This is technology M&A deal number 478 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
Leaseweb Global Acquires Montreal Hosting Provider iWeb
The acquisition will expand Leaseweb’s market presence in Canada to its third biggest international region by revenue, behind The Netherlands and the U.S., according to a statement released by the company. The acqusition of iWeb will allow current and future customers access to the region, and will also be attractive to organizations who require a…
Source link
