One.com acquires Hostnet as hosting providers continue consolidation in Europe

One.com -- the big hosting provider in Europe with around 1.5 million customers, itself acquired just over a year ago by PE firm Cinven -- has acquired Hostnet, a smaller Netherlands-based competitor with about 210,000 customers. Financial terms of the deal are not being disclosed but a spokesperson for One.com said that it includes all of Hostnet's existing business -- which includes management of 810,000 domain names and 85,000 websites; domain registration, web hosting and SaaS applications services; and managed and virtual private services -- and its existing employees. The spokesperson added that the deal has been in the works for several weeks and closed in the last couple of weeks, with the teams "working through the coronavirus pandemic" to finalise it.

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