Tag Archives: Acquire

Paltalk, Inc. Enters Into an Agreement to Acquire Newtek Technology Solutions, Inc. From NewtekOne, Inc.

August 12, 2024 Dedicated Hosting News 0

JERICHO, NY, Aug. 12, 2024 (GLOBE NEWSWIRE) — Paltalk, Inc. (“Paltalk,” the “Company,” “we,” our,” or “us”) (NASDAQ: PALT), a communications software innovator that powers multimedia social applications, announced today that it has entered into a definitive agreement (the “Acquisition Agreement”), pursuant to which Paltalk will acquire (the “Acquisition”) Newtek Technology Solutions, Inc. (“NTS”), a wholly owned subsidiary of NewtekOne, Inc. (“Newtek”). NTS provides dedicated server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and other related services including consulting and implementing technology solutions for enterprise and commercial clients across the U.S.

Pursuant to the Acquisition Agreement,…


Source link

Is it negligient of CVC Fund to not acquire Litespeed & Cloudlinux? – Web Hosting Talk

July 29, 2024 Web Shared Hosting News 0


Quote Originally Posted by frankfm
View Post

cloudlinux is of value to redhat not because of their profitability but their team of kernel engineers (the fact that almacare resources can be redirected to redhatcare is an extra bonus)

I do not think the resources are interchangeable in that way. RHEL develops OS, while AlmaLinux devs stitch together RHEL packages; in other words, they repackage RHEL. One is OS development, another is advanced distribution. But both are of significant importance.

Take that opinion with a grain of salt because I do not have any first-hand insight into the workforce of either company.

In any case, do not pursue this line of thought. If it materializes, it can bring disaster to the shared hosting industry. While I am sure most…




Source link

Is it negligient of CVC Fund to not acquire Litespeed & Cloudlinux? – Web Hosting Talk

July 29, 2024 Dedicated Hosting News 0


Quote Originally Posted by frankfm
View Post

cloudlinux is of value to redhat not because of their profitability but their team of kernel engineers (the fact that almacare resources can be redirected to redhatcare is an extra bonus)

I do not think the resources are interchangeable in that way. RHEL develops OS, while AlmaLinux devs stitch together RHEL packages; in other words, they repackage RHEL. One is OS development, another is advanced distribution. But both are of significant importance.

Take that opinion with a grain of salt because I do not have any first-hand insight into the workforce of either company.

In any case, do not pursue this line of thought. If it materializes, it can bring disaster to the shared hosting industry. While I am sure most…




Source link

Is it negligient of CVC Fund to not acquire Litespeed & Cloudlinux?

July 29, 2024 Web Shared Hosting News 0


Quote Originally Posted by Mike – MDDHosting
View Post
No. Please god no. [The Office Meme -> Michael Scott]

We do not need CloudLinux and Imunify under the WebPros branding or backed by VC that cares only about extracting profits over anything else.

Honestly – I think there needs to be more competition in this space, not consolidation.

you don’t have to worry about that as CVC is a private equity leveraged buyout fund, not so much a VC

these funds specialize in extracting maximum value while investing little in development – “Greed, for lack of a better word, is good” -wolf of wall street

personally i think it’s more interesting if ibm via rhel does the full vertical stack integration, they don’t have a libcare to compete with oracle…


Source link

NBFC Homeshree to acquire ₹200 crore stake in Webyne Data Centre

May 5, 2023 Dedicated Hosting News 0

One of the top Indian NBFC (Non-Banking Financial Companies), Homeshree announced that it has made a decision to acquire a stake of ₹200 crore in Webyne Data Centre, a global cloud infrastructure and hosting provider based in India. This strategic partnership with Homeshree will allow Webyne to further allocate capital to expand its product and technology portfolio along with further investment in its infrastructure. In addition to this, the company will also be able to establish an international footprint.

Webyne is well-positioned in a sector that has had significant and robust development in recent years, owing to structural trends and market dynamics such as SME digitization, migration to cloud-based infrastructure, and the growing popularity of community-based gaming. The…


Source link