(The Hosting News) – In a major acquisition, web hosting provider Voxel has been acquired by IT company Internap for $30 million dollars.
Among its hosting services, Voxel provides dedicated and cloud servers, colocation, managed hosting, backup and more.
Voxel CEO Raul K. Martynek discussed the matter in a press release, stating, “We are excited to be joining Internap, a company that shares our commitment to developing innovative IT Infrastructure solutions to drive the next generation of Internet and cloud applications.”
“The combination of Internap’s broad market presence and robust, high-performance IT Infrastructure platform with our expertise in automated hosting and cloud services will deliver a powerful option for a broad range of enterprise customers,” Martynek continued.
While the move was just announced, the actual deal was completed before the start of the New Year, having been approved on December 30th.
Meanwhile, Internap stated that Voxel’s hosting offerings are already readily available to its company’s clients.
Among the IT services it provides, Internap offers enterprise IP, colocation, and hosting options.
“As IT Infrastructure outsourcing advances, enterprises increasingly seek service providers to support myriad applications and workloads throughout their entire IT lifecycle,” stated Internap CEO Eric Cooney in the press release regarding the matter.
Cooney went on to say, “This acquisition of Voxel increases Internap’s market share and growth rate, accelerates our product roadmap and creates an unmatched competitive position as an IT Infrastructure services provide.”
While the transaction was worth $30 million, the deal could involve a further compensation of $5 million pending what Internap describes as “the delivery of specific objectives during the next two years.”
Just last month, Internap unveiled a new 55 thousand square feet data center facility in Plano, Texas. For further information regarding the acquisition, view a press release here (internap.com).