12-21-2007, 03:25 PM
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THE Web Hosting Master
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Location: Chicago, IL
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Just thought this was big news and figured people would be interested and like to know. UK2, who recently purchased Stargate's shared hosting, etc. has now purchased midPhase: http://www.thewhir.com/marketwatch/1...s_midPhase.cfm
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12-21-2007, 03:28 PM
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Community Liaison
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K Well, there was a thread on this, guess they nuked it? :/
Interesting move though. Any idea how much? The OP in the other thread said $10 million 
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12-21-2007, 03:50 PM
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I talk rubbish sometimes
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12-21-2007, 04:26 PM
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THE Web Hosting Master
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Join Date: Jan 2003
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Yeah, I believe Ryan had said something about it. He posted it in his blog here: http://anynoisry.blogspot.com/2007/1...-inc-sold.html
I'm not sure how accurate that information is though, as to the amount, etc.
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12-21-2007, 06:05 PM
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The Geek is coming
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Wow $10 million, big amount. Lets see how this goes.
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12-21-2007, 06:09 PM
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Web Hosting Evangelist
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Quote:
Originally Posted by Quartz_
K Well, there was a thread on this, guess they nuked it? :/
Interesting move though. Any idea how much? The OP in the other thread said $10 million |
$10 million? yeah right 
I think someone got a bit enthusiastic with there zeros
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12-21-2007, 06:15 PM
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Community Liaison
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Quote:
Originally Posted by Keith W
$10 million? yeah right
I think someone got a bit enthusiastic with there zeros |
It says as a rumour in that blog and the OP from the old thread mentioned it. I didn't get enthusiastic about anything.
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Personal Blog: Here | Currently Hosted By: HawkHost | Twitter: @Quartz87 |
12-21-2007, 06:18 PM
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Disabled
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Quote:
Originally Posted by Quartz_
It says as a rumour in that blog and the OP from the old thread mentioned it. I didn't get enthusiastic about anything. |
As I wrote on my blog:
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rumors are that the company was sold for approximately USD $10m, but I would imagine the real figure was rather less.
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12-21-2007, 06:26 PM
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Big fan of RajiniKanth!!!
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Join Date: Sep 2004
Location: Chennai , India
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Quote:
Originally Posted by Keith W
$10 million? yeah right
I think someone got a bit enthusiastic with there zeros |
Hmm pretty good money in pockets. Why was the old thread deleted?
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12-21-2007, 06:26 PM
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Disabled
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Join Date: Dec 2007
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Nice to see UK2 doing well. The good guys of the hosting industry 
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12-21-2007, 07:20 PM
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Web Hosting Master
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Quote:
Originally Posted by UltimaHostsUSA
Nice to see UK2 doing well. The good guys of the hosting industry |
Thanks
If anyone has questions related to our acquisition of midPhase feel free to contact me directly
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Ditlev Bredahl. CEO, OnApp.com <- one out of three public clouds are based on OnApp!
Build your own CDN without up front investments
Please do not PM me, use ditlev(@)onapp.com to contact me.
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12-21-2007, 07:30 PM
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Web Hosting Evangelist
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Join Date: Aug 2006
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Quote:
Originally Posted by Quartz_
It says as a rumour in that blog and the OP from the old thread mentioned it. I didn't get enthusiastic about anything. |
I didn't say you did 
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12-21-2007, 11:50 PM
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WHT Addict
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Join Date: Oct 2007
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We're all extremely ecstatic to begin working with Ditlev and his team at UK2. Likewise, I'd be willing to answer any questions you might have about the acquisition. :-)
Happy Holidays!
Marc
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Marc Bollinger
Sr. Technical Engineer - US Operations
UK2Group.com
midPhase | AN Hosting | WestHost | 10TB | Resell.biz
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12-21-2007, 11:58 PM
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Evenly Divided
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Join Date: Aug 2001
Posts: 4,028
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Wow! That's some big news.
As to the people moaning about the 10 million figure... what's so hard to understand? I wouldn't sell either of my companies for nothing less then 1 million and I'm nothing close to the size of midphase.
Good work UK2! Nice aquisition.
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