Web Host Globat.com Acquires Shared Hosting Company EntityHosting.com
Company widens its expansion strategy to include acquisitions.
LOS ANGELES, CA-May 26, 2005 - Los Angeles-based Globat.com, the world-leader in Performance Web Hosting, today announced it acquired San Diego, California-based shared web hosting provider EntityHosting.com of Entity Communications, LLC. in an all cash transaction, adding Entity"s customers to Globat.com"s existing customer base and signaling a change in the company"s so far conservative expansion policy by including growth through acquisition.
"With the acquisition of Entityhosting.com we have taken a step forward in widening our customer acquisition strategy by helping other web hosting organizations to implement our hosting solutions, which can be put in place rapidly, reduce costs, and drive up customer satisfaction and loyalty," said Ben R. Neumann, President and CEO of Globat.com. "Naturally we will continue to support and honor Entity"s current customer agreements."
Entity"s previous hosting customers will now benefit from an expanded range of products and services on offer from Globat.com, including 24/7 signature support, low-cost domain name registration, e-commerce hosting, and Globat"s advanced B2 hosting platform.
Patrick Salami, founder and CEO of Entity Communications, LLC., said, "Globat.com"s acquisition of EntityHosting.com again signals more consolidation in the market. The clear benefit for our customers is the access to Globat"s experience and technology. Being a global player, they have the latest products and feature set, which can only be of great benefit to our customers."
Information about Globat.com, the company"s services and packages, as well as its current Memorial Day Free Hosting promo is available at their web site (http://www.globat.com) or by calling 877-2-GLOBAT.
LOS ANGELES, CA-May 26, 2005 - Los Angeles-based Globat.com, the world-leader in Performance Web Hosting, today announced it acquired San Diego, California-based shared web hosting provider EntityHosting.com of Entity Communications, LLC. in an all cash transaction, adding Entity"s customers to Globat.com"s existing customer base and signaling a change in the company"s so far conservative expansion policy by including growth through acquisition.
"With the acquisition of Entityhosting.com we have taken a step forward in widening our customer acquisition strategy by helping other web hosting organizations to implement our hosting solutions, which can be put in place rapidly, reduce costs, and drive up customer satisfaction and loyalty," said Ben R. Neumann, President and CEO of Globat.com. "Naturally we will continue to support and honor Entity"s current customer agreements."
Entity"s previous hosting customers will now benefit from an expanded range of products and services on offer from Globat.com, including 24/7 signature support, low-cost domain name registration, e-commerce hosting, and Globat"s advanced B2 hosting platform.
Patrick Salami, founder and CEO of Entity Communications, LLC., said, "Globat.com"s acquisition of EntityHosting.com again signals more consolidation in the market. The clear benefit for our customers is the access to Globat"s experience and technology. Being a global player, they have the latest products and feature set, which can only be of great benefit to our customers."
Information about Globat.com, the company"s services and packages, as well as its current Memorial Day Free Hosting promo is available at their web site (http://www.globat.com) or by calling 877-2-GLOBAT.
About Globat, LLC.
Globat, LLC (http://www.globat.com) is one of the most established Web hosting companies in the United States, offering affordable, quality Web hosting solutions to nearly 100,000 customers worldwide. Globat.com founder Ben R. Neumann, a two-time Entrepreneur of the Year award nominee, is a pioneer of the budget Web hosting industry since his start in 1994, when he founded Icom.com, which was later sold in 1998. With its unprecedented combination of low prices, high performance and dedicated 24/7/365 customer service, Globat.com continues to be the frontrunners of the hosting industry. The company is privately held and headquartered in Los Angeles, California.
Media Contact:
Justin Reynolds
Globat Web hosting
1.877.245.6228