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German media behemoth ProSiebenSat.1 has announced it will sell its web hosting division to Italian cloud service provider WIIT for an estimated €50 million (around $59 million/AU$82 million/£46 million).

myLoc offers an array of solutions that cater to the needs of both medium businesses and large enterprises, including colocation, dedicated server hosting, managed hosting and cloud hosting, with cloud backup, IaaS and Microsoft 365 also included in the offering.

German media behemoth ProSiebenSat.1 has announced it will sell its web hosting division to Italian cloud service provider WIIT for an estimated €50 million (around $59 million/AU$82 million/£46 million).

myLoc offers an array of solutions that cater to the needs of both medium businesses and large enterprises, including colocation, dedicated server hosting, managed hosting and cloud hosting, with cloud backup, IaaS and Microsoft 365 also included in the offering.

Published Monday, Sep. 28, 2020, 4:04 pm

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Web hosting providers support approximately 2 billion websites and the industry is expected to reach $216.59 billion by 2025. Their services provide the heart of the online presence of any website, whether it’s a small online business, huge enterprise, or a family blog.

Measuring the success of web hosting companies can be difficult because it depends on whether one is comparing revenues, the number of hosted websites, traffic…

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Los Angeles, United State, –The report titled Global Web Hosting Service Market is one of the most comprehensive and important additions to QY Research’s archive of market research studies. It offers detailed research and analysis of key aspects of the global Web Hosting Service market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Web Hosting Service market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Web Hosting Service market is carefully analyzed and researched about by the market analysts.

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