Phoenix, Arizona – (The Hosting News) – May 9, 2007 – Discount web hosting pioneer turned industry stalwart, IPOWER and mega-host, Endurance International have announced the merger of the two companies. The deal, which closed on May 4 was announced minutes ago, and brings together more than 600,000 web sites to create the third-largest shared hosting company in the United States. The information ends several days of speculation relating the merger which was recently publicized in web hosting related discussion forums online.
According to information supplied by the comapnies, both companies will continue to operate as unique entities, while collaborating to capitalize on their strengths to deliver outstanding hosting, web site services and support.
Thomas Gorny, CEO of IPOWER commented, ”While IPOWER and Endurance have each been successful on their own, it has been clear to both companies that continued success requires more scale and resources than either company could have alone. The ability of the merged companies to grow simultaneously through organic customer adds and acquisitions, along with new product offerings to our combined customer base, will make for an incredible force in the industry.”
The companies have asserted that the combination of IPOWER’s marketing prowess, Endurance’s operational expertise and the powerful backend capabilities of the combined organization positions the new organization to support its tremendous customer base with exceptional hosting and inventive new products and services.
According to Steve Sydness, CEO of Endurance International, ”IPOWER and Endurance are both known for innovation. Together, we can lead the industry with best-in-class products and technologies that enable us to respond quickly to our dynamic industry – and address our customers’ growing expectations.”
Since 1997, The Endurance International Group has been a provider of shared web site hosting and other online services, to individuals and small-to-medium sized businesses, serving customers through a variety of web hosting brands. Endurance International’s Chief Technology Officer,
Hari Ravichandran, before founding the company, served as Senior Systems Engineer, at Sun Microsystems, where he helped design microprocessors, routers, massively parallel computers, operating systems and various other Internet architecture protocols. Mr. Ravichandran’s algorithm and protocol designs have led to the filing of eight single inventor patents, four of which have been granted.
IPOWER, Inc., was founded in October of 2001 and quickly grew through a shrewd series of brilliant marketing tactics and discounted hosting plans with industry-leading specs. IPOWER provides web hosting and web services for small and medium-sized businesses worldwide, desiring to build, manage, promote and profit from an online presence. The company’s portfolio of services includes domain registration, web site hosting, e-commerce tools, merchant services, application hosting, online marketing, site optimization services, and web site design.
To learn more about Endurance International, please visit: www.enduranceinternational.com/acquisitions/index.bml.
For more information about IPOWER, please visit: www.ipower.com.