Web
Host Globat.com Acquires Shared Hosting Company EntityHosting.com
[May 26, 2005]
LOS ANGELES, May 26, 2005 /PRNewswire via COMTEX/ --
Los Angeles-based Globat.com(R), the world-leader in
Performance Web Hosting(TM), today announced it acquired
shared web hosting provider EntityHosting.com of San
Diego, California-based Entity Communications, LLC.
in an all cash transaction, adding Entity's customers
to Globat.com's existing customer base and signaling
a change in the company's so far conservative expansion
policy by including growth through acquisition.
"With the acquisition of EntityHosting.com
we have taken a step forward in widening our customer
acquisition strategy by helping other web hosting organizations
to implement our hosting solutions, which can be put
in place rapidly, reduce costs, and drive up customer
satisfaction and loyalty," said Ben R. Neumann,
President and CEO of Globat.com. "Naturally we
will continue to support and honor Entity's current
customer agreements."
Entity's previous hosting customers
will now benefit from an expanded range of products
and services on offer from Globat.com, including 24/7
signature support, low-cost domain name registration,
e-commerce hosting, and Globat's advanced B2 hosting
platform.
Patrick Salami, founder and CEO of Entity
Communications, LLC., said, "Globat.com's acquisition
of EntityHosting.com again signals more consolidation
in the market. The clear benefit for our customers is
the access to Globat's experience and technology. Being
a global player, they have the latest products and feature
set, which can only be of great benefit to our customers."
Information
about Globat.com, the company's services and packages,
as well as its current Memorial Day Free Hosting promo
is available at their web site, or by calling 877-2-GLOBAT.
About
Globat, LLC
Globat, LLC (http://www.globat.com)
is one of the most established Web hosting companies
in the United States, offering affordable, quality Web
hosting solutions to over 75,000 customers worldwide.
Globat.com founder Ben R. Neumann, a two-time Entrepreneur
of the Year(R) award nominee, was a pioneer of the budget
Web hosting industry in 1994 when he founded Icom.com,
which was sold to Interliant in 1998 and is today owned
by Interland. The company is privately held and headquartered
in Los Angeles, California.
All company names may be trademarks
of the respective companies with which they are associated.
SOURCE Globat.com |