(The Hosting News) – Cloud Equity Group, an investment management company focused on opportunistic acquisitions of established web service providers, today announced the acquisition of Virpus, a leading Xen virtual private server and bare metal cloud hosting provider based out of Seattle, Washington.
Virpus is currently one of America’s largest budget-friendly Xen VPS hosting providers offering both Pure SSD and SSD-Cache services out of their Seattle, Los Angeles, and Kansas City facilities. Virpus currently owns all of its enterprise-grade hardware which allows the company pass along significant savings to their end-users. Cloud Equity Group plans to bring on a variety of new features including high-availability setup options and customer directed on-the-fly server resource changes. In addition, Cloud Equity Group will use its existing strategic relationships to help expand Virpus’ current infrastructure to the East Coast, and even Internationally. These enhancements provide a significant upgrade to existing customers and will pave the way for future growth.
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