I'd be interested to hear stories from webhosts who have been acquired or done some acquiring recently on the sub-zillion-dollar level. The stuff you read about in the industry publications involve multi-million-dollar purchases of tens-of-thousands of customers. I want to hear about how much the two-thousand-customer webhost paid for the 100-customer webhost, for example.

Don't break your NDAs, but please post as many specifics as you can. What were the challenges? How was the final selling price arrived at?