one.com, a large European provider of web hosting services and domain names to a combination of private customers, SMEs and SOHOs, has acquired Norwegian web hosting provider SYSE for an undisclosed consideration. The acquisition of SYSE represents the second acquisition one.com has made in Norway following the acquisition of Digital Garden in September 2019.
Web hosting company SYSE was founded in 1995. Originally created as a personal computer and hardware supplier, the business has transitioned over time to become a provider of highly technical web hosting products to more than 12,000 end customers. SYSE’s self-developed product portfolio includes their Tornado Web Server solution which would provide ultra-scalable and secured web hosting “at a fraction of the cost of many other cloud solutions.” Further, SYSE has a white-label platform available for reseller hosting customers – with a highly customizable control panel offering functionality and flexibility.
Acquisitions in Nordics, Benelux, UK and DACH
“SYSE represents another very exciting step in one.com’s growth story – we are delighted to welcome the organisation and team into the Group,” said Stephan Wolfram, Group CEO of one.com. “The partnership between one.com, Digital Garden and SYSE creates an excellent platform in the Norwegian market which will continue to grow. We have been highly impressed with SYSE’s ability to listen to customers and their commitment to delivering technical and innovative products to the web hosting market with outstanding support – they will complement our existing global development and support team exceptionally well.”
Counting more than 270 employees, one.com was founded in Denmark in 2002 and is now one of the leading companies in Europe in the intermediation of domain names and the sale of web hosting services. Since the foundation of one.com (B-one) by Jacob Jensen, one.com has experienced constant growth and currently has more than 1,500,000 customers in 149 countries.
This transaction continues one.com’s buy and build strategy, backed by Cinven, following historically exceptional organic-only growth. Cinven acquired one.com in December 2018. With Cinven’s support, one.com is looking to continue to expand both organically and through acquisitions into its core markets of the Nordics, Benelux, the UK and the DACH region as well as other geographic regions.