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Hosting wars : Germany’s United Internet AG acquired Strato for 600 million euro

Posted by DomainGang on December 16, 2016, at 12:30 pm

United Internet AG, owners of 1&1, agreed to acquire web hosting company Strato AG from Deutsche Telekom, for 600 million euro. The mother company of Sedo will pay 566 million euro cash up front, with another 34 million euro at a later point subject to certain performance goals. Ralph Dommermuth, CEO of United Internet, stated […]

Filed under Domain News · Tagged with Domains, Sedo, Strato, United Internet, domain hosting, web hosting

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