Hostway and HOSTING merge, creating one of the largest global managed cloud services platforms


Hostway and HOSTING merge, creating one of many largest world managed cloud companies platforms

Hostway and HOSTING at this time announced the merger of the 2 organizations, combining to create one of many largest managed cloud companies platforms on this planet. Both firms are recognized for safe, compliant managed hybrid cloud options and collectively could have an unmatched set of services and products with the flexibility to scale for his or her shoppers’ rising wants.

The mixed group has 14 world-class knowledge facilities in 5 international locations throughout three continents and will probably be led by Emil Sayegh as CEO and president. Investors Littlejohn & Co., LLC and Pamlico will keep on to equally again the mixed entity.

“Both Hostway and HOSTING have always had an uncompromising commitment to customer service and an incredible history of pioneering leading-edge solutions into the market. This merger is a natural progression of the two companies’ focus on providing solutions for CIOs and IT leaders to reduce costs, mitigate risks and increase business agility,” mentioned Sayegh.

“Our combined strengths benefit all our customers by delivering even more product sets and the scalability to adapt to clients’ changing needs. We will be in a unique position to help customers every step of the way as they make the journey to hybrid cloud environments while protecting them against ever-emerging threats.”

“Both Pamlico and Littlejohn came together to back this merger because we believe the combination makes for an undisputed leader in IT transformation solutions for mission critical applications, and provides opportunity to dominate the market,” mentioned Michael Kaplan, Managing Director, Littlejohn & Co.

“Collectively the organization is even better positioned to address the top enterprise IT challenges of security, costs, lack of IT resources, governance and multi-cloud complexity. Both Pamlico and Littlejohn are prepared to fully support the company into its next phase of growth,” mentioned Scott Stevens, Partner at Pamlico Capital.

Also learn: Hostway continues expansion with new data center in Austin, new offices in Chicago and San Antonio

HOSTING and Hostway will proceed to function beneath two separate manufacturers and operational fashions for a restricted interval in the course of the interim integration. The firm intends to completely merge all capabilities and function beneath a single model throughout the subsequent twelve months.

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