Industry news
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Image: URL: TIA CEO Speaks Out on Net Neutrality at MWC
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The Federation of Communication Services (FCS) has today announced that it will launch the first in a suite of telecoms service standards that will form the FCS Mark of Excellence at the Convergence Summit North on 17-18 March in Harrogate. Driven by the desire of its members to be able to demonstrate that they offer exceptional standards of service, the aim is that accredited members who are able to offer bespoke or higher standards of service in particular areas, such as fraud prevention or mitigation within their networks, will be able to display the badge on their website and literature....
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Planethippo, provider of website hosting and domain registration services, has launched a new reseller hosting solution. It enables web developers, web designers, freelancers, web hosting agencies and IT professionals to outsource the hosting of their websites to a reliable and resilient ISP and eliminates the need for resellers to invest in their own infrastructure, security and support teams to meet the increasing customer demand for 24/7 uptime. Planet Hippo is also still actively seeking to acquire additional hosted services businesses to further extend its reach across the UK. According to Darren Lavender, Managing Director of Planet Hippo: “This...
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DAMtel has been acquired by the Palo Alto-based fund ‘Symphony Technology Group’, in a placement brokered by Paris-based firm Global Private Equity. A total consideration of $228M has been paid by STG to the shareholders of DAMtel, by way of $144M cash and $16M in STG shares. The remaining $68M cash consideration is subject to a 3-year ‘earn out’ provision which stipulates that DAMtel founder (and majority shareholder) Alexander Wood sits as CEO of the newly formed London-based Global Private Equity Limited during the interim period. It is understood that Mr. Wood’s remit will be to source similar acquisition...
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