IONOS, AdTech, and Sedo: An update on the recent “for sale” news

The AdTech division of the group subsidiary IONOS, in which the advertising technology business is bundled, is now for sale. Sedo GmbH is part of that IONOS group. Yesterday, IONOS CEO Achim Weiß announced that he wants the company to leave that sector and focus on the core business areas with products around internet presences […]

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

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 […]

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