Winston-Salem, NC (PRWEB) August 11, 2004 -- SolidSpace, LLC a leading
provider of robust hosting infrastructure services today announced the
acquisition of privately held HostForce, a hosting and managed services company
based in St. Paul, MN, in an all-cash transaction. Financial details were not
Under the terms of the agreement, SolidSpace will assume full responsibility for all of HostForce’s existing managed services customers, as well as HostForce’s eCommerce and reseller management software. The two companies will work together to transition all customers to the SolidSpace data center in Winston-Salem, NC within the next 90 days. The transition will be completely seamless and transparent to the customers.
In addition to doubling the SolidSpace customer base, HostForce brings tremendous value to the SolidSpace family with their e-commerce technology which will be made immediately available to their existing client base as an add-on product. HostForce also has a very established reseller network, significantly expanding the reach of SolidSpace’s sales channel. The HostForce innovative reseller management application will provide measurable value to SolidSpace’s entire partner network by enabling then to easily and efficiently manage their customer base and service offerings.
“We’re very excited about the addition of HostForce to the SolidSpace family. Their established reseller channel, and their powerful reseller management interface will be critical in our future growth and expansion,” said Jim Capps, President of SolidSpace. “In addition, their eCommerce technology will significantly enhance the suite of solutions we offer our clients.”
The acquisition will strengthen SolidSpace’s presence in the MidWest and internationally and is a critical first step and key component of the company’s growth and acquisition strategy which is focused on seeking out profitable companies with similar operations and an ultimate goal of establishing itself as the premier managed services company dedicated to delivering software applications as a service.
“I would like to thank all HostForce customers for their loyalty and support over the past 8 years,” said Steve Nielson, CEO and Founder of HostForce. “SolidSpace’s dedication to delivering high quality managed services is virtually a mirror image of how we have operated and I am confident that our customers will be well taken care of in their capable hands.”
About SolidSpace, LLC
SolidSpace, LLC is a leading provider of robust hosting infrastructure and client support for the software industry, enabling enterprises to deliver their software as a service seamlessly and economically. SolidSpace’s solutions provide website, application and database hosting, managed services, collocation and broadband services. SolidSpace, LLC is headquartered in Winston-Salem, NC, and is a portfolio company of SilkRoad Equity LLC (www.silkroadequity.com) Additional information about SolidSpace, LLC services can be found at www.solidspace.com .
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Source : http://www.prweb.com/releases/2004/8/prweb148272.htm