LeaseWeb, one of the largest hosting providers in the world with more than 60,000 servers under its management, has announced that its U.S. subsidiary LeaseWeb USA has acquired Shore.net, a hosting provider that has served customers since 1993 and is based just north of Boston in Lynn, MA.
Over 500 hosting customers were acquired in the transaction, substantially increasing the number of customers served by LeaseWeb USA. LeaseWeb, headquartered in Amsterdam, the Netherlands hired all Shore.net employees. At the moment, all acquired hosting customers have been successfully migrated from the Shore.net hosting facilities to LeaseWeb USA’s state-of-the-art data center in Manassas, VA. Terms of the transaction were not disclosed.
Amsterdam-based LeaseWeb entered the U.S. hosting market in January 2011 with a new subsidiary, headquartered in Manassas. This geographic expansion enabled LeaseWeb to extend its reputation as a global provider of hosting infrastructure services to the United States and, subsequently, continue its trend of success that originated in Europe. In December 2012, LeaseWeb USA expanded its data center footprint substantially. The company states that it will be able to grow now to 3 MW of power in EvoSwitch WDC1, a data center based in Manassas, VA.
“We have enjoyed substantial organic growth, exceeding 100% annually during the past 3 years,”said William L. Schrader, CEO of LeaseWeb USA. “The Shore.net acquisition is an excellent match for our service offerings and ensures that we are now prepared to continue that growth rate.”
The founder of Shore.Net
Besides a Dutch and U.S. presence, LeaseWeb has a subsidiary and data center presence in Germany (Frankfurt), and a sales office in the United Kingdom (London). LeaseWeb uses a broad variety of data centers to accommodate its servers that are used as a platform for delivering hosting solutions. These include cloud servers, dedicated servers, virtual servers and tailored hybrid hosting solutions.
Shore.Net was founded in 1993 by Lowell Gray. He successfully grew to become the largest independent Internet Services Provider in New England in 2000 when he sold it. Lowell re-acquired Shore.Net in 2009. The Chief Executive Officer and founder of Shore.Net was named the ‘Small Businessperson of the Year – Massachusetts’ by the United States SBA in 2000. Shore.Net was ranked the number 2 fastest-growing inner-city company in North America for both 1999 and 2000 by Inc. Magazine and the number 6 fastest-growing technology company in New England for 1999 by Deloitte & Touche.