Summit Hosting, a large provider of QuickBooks and Sage dedicated cloud hosting in North America, has acquired I-Business Network’s (IBN) Cloud Services Practice. Financial terms of the acquisition were not disclosed.
It’s another step for Summit Hosting in its five-year acquisition strategy aimed at becoming the leading financial cloud hosting provider with cloud computing and Desktop-as-a-Service (DaaS).
Summit Hosting’s client base will increase quickly, and a new practice area concentrating on SAP Company One will be added, cementing Summit Hosting’s position as a leader in small and medium-sized business (SMB) hosting providers.
“We are excited about the IBN acquisition as we continue to expand our hosting expertise and solidify our place atop the list of cloud hosting services in the SMB marketplace,” said Stanley Kania, CEO at Summit Hosting. “We would like to welcome our newest customers and look forward to providing enterprise-level security and world-class customer support.”
Data Centers, Security Suite
With “state-of-the-art” data centers and an “enterprise-level” security suite deployed on each server, including 24/7 security monitoring, clients moving from IBN can anticipate better security and satisfaction, stated Summit Hosting. They’ll also have instant protection from the company’s specialized 24/7 Security Operations team, as well as access to their U.S.-based support team 24 hours a day, 7 days a week.
“We searched extensively for a partner with expertise and experience to serve and support the needs of our customers and their business management software,” said Gary Feldman, CEO at I-Business Network, who will join Summit Hosting and head SAP Business One growth and acquisition strategies. “Summit Hosting checked all the boxes with world class technology in its US and Canadian data centers, deep expertise in cyber security and a North American support team that understands the importance of system reliability and responsiveness to customer requests.”
Summit Hosting is a cloud hosting service provider for financial applications in North America, including QuickBooks, Sage, and SAP. They’ve been providing hosting platforms for customers all over the world since 2006, with over 8,000 servers and 30,000 end-users in their environments.