6th July 2105: Newark, DE - for immediate release
Astutium Ltd ( www.astutium.com ), the only hosting provider with over 10 years of continuous uptime, has today announced the successful acquisition of PeachyHost.com (a boutique US Web Host)
As a result of the agreement, PeachyHost exits the industry following the completed transfers of all the domain, hosting, server, vps and cloud server customers to Astutium's US operation.
Both Astutium and PeachyHost are privately held companies. Financial terms of the acquisition were not disclosed.
The acquisition immediately provides all clients access to the centralised client portal Astutium:Unified, and enables use any of the companies services, including domain registration in over 1000 extensions plus the extensive range of shared and dedicated server solutions.
Existing email services and website hosting remain in US datacentres, but clients can now select to use of any of the Astutium network of hosting locations around the world.
Shelagh Shaw, Business Manager Astutium said: "Many of those coming through the PeachyHost acquisition are providing essential services to their local communities and doing some amazing things online, so I'm extremely proud to welcome them to the family. At Astutium we are always looking for ways aid clients of all sizes to make the most of the internets' potential and several of the acquired clients are already planning expanded services."
This acquisition will further strengthen the Astutium brand of managed hosting services in the critical US market, where the company is seeing significant organic growth of their reliable and scalable hosting solutions, backed by the latest technology and inhouse customer support team.
"PeachyHost is the first North American acquisition by Astutium so far in 2015 (5th since 2012) but wont be our last - the M&A team have more already in the pipeline", continues Shaw
Launched in 2008, PeachyHost specialised in provision of professional web hosting and server solutions for local business, primarily in the medical, education, arts and charity markets.
Rob Golding, head of the Astutium Mergers and Acquisitions team added "A big thank you specifically goes to Keith Coleman, one of the founders of PeachyHost. He built a strong hosting clientbase of successful organisations over the years and we've worked closely during this transition. I'm already looking forward to working on some future projects together".
About Astutium Astutium offers domain name, email/web hosting, virtualised or dedicated servers, cloud servers, datacentre colocation and related services to SMEs and individuals worldwide, with clients in over 160 countries. One of the few ICANN accredited registrars, Astutium are heavily involved in domain policy, internet governance, internet exchange management, government forums and industry think-tanks. To learn more please visit www.astutium.com
For details on our services, please see our website at Astutium.com UK Web Hosting
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