Member Article
M247 acquires UK Web.Solutions Direct
Manchester-headquartered Internet infrastructure provider M247 has completed the acquisition of leading Web Hosting company ‘UK Web.Solutions Direct’ (UKWSD) for an undisclosed seven-figure sum.
M247 is a leading provider of Internet infrastructure services in Europe and operates two state-of-the-art data centres on Trafford Park in Manchester as well as an extensive high-capacity European backbone network spanning Manchester, London, Amsterdam, Frankfurt, Brussels, Paris, Prague, Budapest and Bucharest.
UKWSD has been providing a premium UK web hosting service since 2001.
The all-cash deal will see M247 take over ongoing Web Hosting service agreements for in excess of 15,000 websites and allows the existing owners of UKWSD to pursue and focus on their other interests, following a period of transition.
This is the ninth acquisition for M247 over the past 10 years and represents a continuation of the company’s strategy of consolidating the UK’s highly fragmented web hosting market.
M247 Managing Director, David Buckle, says “I’m delighted to welcome UKWSD customers to the M247 family. The team at M247 are looking forward to getting to know them and are already standing by to continue providing the very highest levels of customer support that they’ve come to expect from UKWSD”.
UKWSD Director, Paul Ridge, says “Having known and worked closely with the team at M247 over the past decade we’re confident that our valued customers are in the very best possible hands and can look forward to many more years of the trouble-free service they’re used to with UKWSD”.
M247 is a privately owned company run by the original founding directors. The company has over ten years’ experience of designing, deploying and managing complex Web Hosting platforms for some of the world’s largest website.
This was posted in Bdaily's Members' News section by Simon Malia .