{"id":1569,"date":"2012-05-15T14:22:00","date_gmt":"2012-05-15T14:22:00","guid":{"rendered":"http:\/\/cloudnewsdaily.com\/?guid=e9418cd51fff0a1810cd81228d4e72ca"},"modified":"2012-05-15T14:22:00","modified_gmt":"2012-05-15T14:22:00","slug":"six-degrees-group-announces-two-cloud-hosting-acquisitions","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/six-degrees-group-announces-two-cloud-hosting-acquisitions\/","title":{"rendered":"Six Degrees Group Announces Two Cloud Hosting Acquisitions"},"content":{"rendered":"<\/p>\n

Six Degrees Group today announced that it has completed the acquisitions of two London-based managed hosting and cloud providers. Firstserv and Serverstream were both founded over 10 years ago and focus exclusively on the rapidly growing hosting market with a particular emphasis on the digital media, publishing and leisure sectors. Customers include Sunseeker, The Spectator and Port of London Authority. <\/span><\/p>\n

Both Firstserv and Serverstream will be integrated into Six Degrees Group\u2019s managed data division where they will add \u00a33m of hosting revenues, representing a mix of managed hosting, cloud hosting (virtual private, private and hybrid) and complex web hosting. 17 highly-skilled personnel will be joining Six Degrees Group where they will focus on integrating and expanding the Group\u2019s hosting platforms. The acquisitions are part of a series of strategic investments being made in the Six Degrees Group\u2019s cloud offering.<\/p>\n

Following these transactions, Six Degrees Group\u2019s run-rate revenues now exceed \u00a340m with underlying EBITDA of over \u00a310m. The company continues to enjoy strong double-digit organic growth, underpinned by cross-selling.<\/p>\n

Alastair Mills, CEO of Six Degrees Group, stated: \u201cI am delighted to welcome both Firstserv and Serverstream to Six Degrees Group. This announcement sees the Group continue to focus on managed data services, particularly in the fast-growing cloud hosting sector. Our goal for 2012 is to become one of the top five hosting and cloud providers in the UK.\u201d<\/p>\n

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Gordon Kenneway, MD of Firstserv, said: \u201cThis is an important day for all at Firstserv. Our employees will now have access to a larger, geographically diverse hosting platform with best-in-class compute and storage resources, which is also a very exciting step for our customers. I am looking forward to joining Alastair and the Six Degrees team to help establish their position as one of the UK\u2019s fastest growing cloud companies.\u201d<\/p>\n

Jonathan Obadia, MD of Serverstream, commented: \u201cWe are excited to be joining Six Degrees Group. Serverstream has a strong reputation for delivering complex hosting solutions to mid-market customers and this merger enables us to continue our expansion with additional services, scale and geographical diversity. Our customers will continue to receive the same exceptional levels of service and support that they\u2019ve become accustomed to, with the added benefit of access to<\/p>\n

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LONDON–(BUSINESS WIRE)–Six Degrees Group today announces that it has completed the acquisitions of two London-based pure-play managed hosting and cloud providers. Firstserv and Serverstream were both founded over 10 years ago and focus…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[334,8,139,335,336],"tags":[],"class_list":["post-1569","post","type-post","status-publish","format-standard","hentry","category-firstserv","category-hosting","category-ma-activity","category-serverstream","category-six-degrees-group"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/1569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=1569"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/1569\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=1569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=1569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=1569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}