IPOWER Merges with Endurance - 10 May, 2007
It was announced on Wednesday that Web hosting provider IPOWER (ipower.com) and Endurance International (enduranceinternational.com) have completed their merger to form the third-largest Web hosting company in the United States.
More that 600,000 Web sites come into one single has with the deal, which closed last Friday.
Both companies will continue to operate as separate entities, while collaborating to capitalize on their strengths to deliver quality hosting, Web site services and support, says the company.
The CEO of IPOWER, Thomas Gorny said "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 new organization will use IPOWER's marketing resources, Endurance's operational expertise and the powerful backend capabilities of the combined organization positions to support its large customer base with exceptional hosting and new products and services, says the company.
CEO of Endurance International, Steve Sydness says "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."
News Source: thewhir.com