After acquiring the Servers.com domain name in December for $300.000, hosting company XBT has bought another domain name, DDoS.com, for the amount of $100.000.
The relevance of this move would be meaningful beyond the security community, as XBT is now planning to develop advanced solutions against distributed denial of service (DDoS) attacks on web hosting service providers and enterprise operations.
Going forward XBT will launch its own sophisticated toolset for neutralizing DDoS attacks, an arsenal that combines preventative measures with ongoing attack mitigation methods.
Webzilla, IP Transit
The acquisition of DDoS.com combined with the expertise developed by all the companies under the XBT umbrella (among which Webzilla, IP Transit and Universal CDN) and in dealing with threats to security, including DDoS attacks, would result in a service that will make the online world a safer place.
XBT Holding Ltd. is a privately-owned global hosting, network solutions and web development provider founded in 2005, with offices in eight countries. The company operates a worldwide proprietary network through five carrier-neutral data centers and 13 points of presence (PoPs) in the United States, Europe and Asia, with more than 16,000 servers throughout seven subsidiaries.