Tag Archives: largest

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.

The global pandemic has helped website builders and web hosting providers worldwide acquire new business and grow significantly as millions found themselves either without work or furloughed, looking for new opportunities as freelancers or self-employed amidst the biggest recession in a generation.

Weebly, the Square-owned ecommerce platform that offers amongst other things, a free website builder, has emerged as the biggest web hosting company in August.

The UK’s largest web hosting company The Hut Group (THG) is planning to disclose its plan for a new incentive scheme as well as a £4.5bn stock market flotation.

As first reported by Sky News, the long-standing share plan could result in THG’s co-founder and executive chairman Matthew Moulding earning more than £700m worth of shares if the company is able to achieve a market capitalization of £7.25bn by December of 2022.

The UK’s largest web hosting company The Hut Group (THG) is planning to disclose its plan for a new incentive scheme as well as a £4.5bn stock market flotation.

As first reported by Sky News, the long-standing share plan could result in THG’s co-founder and executive chairman Matthew Moulding earning more than £700m worth of shares if the company is able to achieve a market capitalization of £7.25bn by December of 2022.