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NetSky Shares Acquisition Strategy

September 7, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Internet consolidation company NetSky Holdings (netskyholdings.com) announced on Thursday that it is implementing its business strategy to acquire companies and become a leading provider of high-quality Web hosting, Internet service and revenue-generating Web sites.

NetSky says it hopes to provide an overall higher standard of Internet service not previously available. The company aims to show a net profit as soon as possible to prove that its business model is sound, rather than just increasing gross revenues.

The company says its acquisitions will mainly be made as asset purchases, rather than mergers, so that NetSky will not be responsible for the debt, office overhead, employees or other liabilities of the ISPs, hosting companies or businesses that it acquires. The company is constantly evaluating hosting companies and ISPs and looking for attractive Web sites that strive to fill a specific void in the market.

"Our company looks for sites with a loyal customer base in order to be attractive to advertisers and related companies. Sites that create a social community in a special niche, for example, are attractive because advertisers realize the value of advertising on high-traffic, repeat-visitor Web sites," says Robert W. Thayer, CEO of NetSky Holdings.

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Posted Friday, September 7th, 2007. Filed under Industry News. Trackbacks/Pings Trackback URL


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