FatCow Web Hosting (www.fatcow.com) announced
that the company sold its assets to Endurance International, a Boston
area group. The final terms of the acquisition by Endurance
International Group Inc. were completed in October of 2004. In March
FatCow's facilities was moved to Endurance's Datacenter in
Massachusetts."I hope it just continues to grow and customers
are delighted," says company CEO and founder Jackie Fewell, who is now
an Endurance vice president of marketing. She also shared that the
acquisition was a really exiting event.
"We really thought that
they had figured out how to address their market segment," says
Endurance International CEO Steve Sydness.
FatCow's revenues
over the past couple of years grew by about 25 percent annually and
from 2003 to 2004. The company has chosen because of its strong
branding and steady growth.
Between 2001 and 2004, FatCow
increased clients accounts from 4,367 to more than 33,000. FatCow
provides web hosting services in 80 countries. Net//works!, a FatCow's
Web hosting company was also sold.
The brand name, FatCow, will
continue to exist because of the equity the name has among its
customers and in the region. FatCow's technical staff will run a
customer support call center.
FatCow and Endurance both provide
Web-hosting services - computer servers and expertise required to
support Web sites, e-mail and e-commerce.
FatCow will retain its brand name, and a marketing and technical presence in Albuquerque, N.M.
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