Newly combined assets include managed and unmanaged hosting, cloud computing, and virtualization technologies
Plano, TX (April 14, 2008) – Layered Technologies, Inc., one of the world’s largest providers of “on demand” IT infrastructure today announced the acquisition of FastServers.net, a leading Chicago – based managed hosting company. Financial details of the agreement were not disclosed.
The acquisition will combine the expertise of FastServers.net in managed dedicated hosting with Layered Technologies’ leading Grid and unmanaged offerings. The combination of Layered Technologies and FastServers will offer a new range of superior services significantly benefiting customers.
“Thousands of clients rely on the exceptional service offerings of FastServers.net, and the combination of the two companies will expand the range of offerings and provide additional scale for client growth,” said Jack Finlayson, Chief Executive Officer of Layered Technologies. “We look forward to bringing these two exceptionally talented teams together to service our customers and meet the demands of the high growth hosting industry.”
“With Layered Technologies and FastServers.net working together, business owners will view their managed service provider as a valued, long-term partner that helps manage IT infrastructure,” said Ian Andrusyk, President and CEO of FastServers.Net.
Layered Technologies will begin immediate integration of the two companies’ operations, product development, distribution and customer support organizations to ensure a smooth transition and immediate value for customers, employees and partners. Combined, the company will serve over 6,000 clients.