Philbert Shih on Internap acquisition of iWeb
Source: theWHIR.com
Internap Acquires Montreal Web Hosting Provider iWeb for $145M
“Internap’s acquisition of iWeb has a number of angles that could drive some interesting synergies for Internap. There are some common technologies running with both firms and the billing system – typically something that is difficult or never properly integrated in mergers - runs Ubersmith (which Internap owns) on both sides,” Philbert Shih, managing director of Structure Research. “Internap also acquires scale, hosting revenues, more data center footprint, entry into a new geography and language skills that cross over several countries and regions. Perhaps the area with the most potential to deliver value is the upside of a wider-ranging portfolio and migration path.”
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