Claranet acquires Via Net Works ops in U.S., NL, Portugal

News Broadband Global 13 JUL 2005
Claranet acquires Via Net Works ops in U.S., NL, Portugal
Claranet and VIA NET.WORKS announced the sale of the Amen Group and VIA operations in the Netherlands, Portugal and the USA to Claranet for $9.3 million, in cash. With over 180 000 business customers and €120m in revenues, Claranet is strengthening its position as the leading non-telco provider of business communication services, in Europe. Through this acquisition, Claranet becomes the sixth-largest hosting provider in Europe. ”Claranet continues to grow rapidly and strengthen its position, in the European market through this acquisition,” says Claranet Group CEO, Charles Nasser. “We look forward to building on our success and nine year track record of developing and providing leading IP services.” Established in 1996, Claranet acquired Netscalibur in 2003, and VIA’s UK operations in late 2004.

Categories:

Companies:

Regions:

Related Articles