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EV1 And the Planet Announce Merger.
2006-05-08, HostMan.biz Everyones Internet (EV1) and The Planet, two leading providers of dedicated hosting, announced today that they have merged. Clients of both EV1 and The Planet will continue to enjoy the same industry-leading products and services they have come to expect. The combined entity will further develop both the EV1 and The Planet brands, supporting over 20,000 clients and 50,000 dedicated servers. This combination creates the largest dedicated hosting provider in the market, which has the scope, scale and financial strength to deliver superior service levels and innovative product offerings to existing and new clients. The merger between EV1 and The Planet follows controlling investments recently made in each by GI Partners, a leading private equity firm with deep experience in technology infrastructure. "The merger is exciting news for all stakeholders," said Robert Marsh, Headsurfer and founder of EV1. "It will be seamless from a client perspective and will result in a host of benefits for our clients." "The opportunities created by this merger are extremely exciting, and we look forward to combining our resources for the benefit of our clients," commented Peter Pathos, founder of The Planet. "We are very pleased to have this opportunity to invest in further building upon the strong foundations at EV1 and The Planet," said Howard Park, Managing Director of GI Partners. "Our aim is to provide the additional access to financial and other resources that will enable the combined company to continue growing profitably while further improving service levels, expanding product offerings, and enhancing the total client experience." |
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