Tag Archives: firm

LONDON, April 12 (Reuters) – Private equity firm Oakley is looking to sell its majority stake in German cloud hosting platform Contabo as it seeks to capitalise on demand for cloud computing fuelled by the COVID-19 pandemic, two people familiar with the situation said.

The Munich-based company could be valued at between 700 million euros and 800 million euros ($762.6 million and $871.5 million ) as part of an auction process expected after the Easter break, those people said.

London-based advisory firm Arma Partners is handling the sale, which is mainly focusing on private equity bidders, one of the people said.

The company has already drawn interest from several tech-focused buyout funds including Hg, Montagu, Vitruvian, Cinven…

A federal court in Florida has found web hosting company Quadranet not liable for piracy activities that VPN users carry out on its platform. 

After a court dismissed an earlier complaint with prejudice last year, a group of movie producers filed a motion against Quadranet and LiquidVPN over alleged copyright infringement. 

The web hosting company Quadranet has scored a victory in a VPN piracy lawsuit filed by several film companies after a Florida federal court dismissed their complaint with prejudice.

As reported by TorrentFreak, earlier this year a group of independent film companies behind a number of popular films including “London has Fallen”, “Outpost” and “Dallas Buyers Club” not only began targeting site operators and individual pirates but they also started going after VPN providers. During the past few months, the group began suing hosting companies including California-based Quadranet which leases servers to LiquidVPN.

The web hosting company Quadranet has scored a victory in a VPN piracy lawsuit filed by several film companies after a Florida federal court dismissed their complaint with prejudice.

As reported by TorrentFreak, earlier this year a group of independent film companies behind a number of popular films including “London has Fallen”, “Outpost” and “Dallas Buyers Club” not only began targeting site operators and individual pirates but they also started going after VPN providers. During the past few months, the group began suing hosting companies including California-based Quadranet which leases servers to LiquidVPN.