Luxembourg domain name firm Namespace/EuroDNS has announced the acquisition of Moving Internet, a leading German hosting group.
The buyout of the Aachen-based firm, which operates as hosting.de, strengthens Namespace/EuroDNS’ hosting offering through their proprietary PaaS (Platform as a Service) solution.
According to the company, which was founded in 2002 and has operations in Europe and Oceania, more than two-thirds of the global population moved online in the last decade. While in the EU 91% of the population uses the internet and 75% of these internet users buy goods and services online.
“A reliable and trusted online presence has become a basic requirement for every business and organization,” the firm writes, adding that the acquisition of Moving Internet Group will “provide business owners with a proven and user-friendly platform for shared webhosting, VPS, cloud hosting and managed server solutions. It comprises many other services such as CMS, DNS, domains, SSL and more, allowing for an integrated online presence offering.”
Moving Internet Group was founded in 2006 as a fully integrated hosting platform by four friends. In 2013 they acquired one of the first ICANN-accredited registrars in Germany, http.net in Berlin and were able to integrate several smaller German hosters over time.
Namespace Group’s president and co-founder, Xavier Buck, said: “The Moving Internet Group is a perfect fit for Namespace because it complements our leading domain management and online brand protection platforms with an advanced, proprietary PaaS offering for hosting.”
According to Buck, the majority of the founders, Oliver Dick, Michael Ernst and Oguzhan Gökal, will remain in their current roles.