| |
Hostopia.com Inc. (TSX: H), today announced it acquired all the software assets of Nexthaus, Inc.
“We plan to fully integrate these advanced mobile synchronization and back-up features with our existing wholesale email and web service offerings, on a bundled and stand-alone basis,” Hostopia’s CEO, Colin Campbell, stated, in a PRNewswire release. “We also plan to license the technology to customers in new categories, such as managed email service providers and wireless carriers looking to enrich their product offerings with our mobile synchronization technology.”
Nexthaus’ now acquired software uses wireless communications to synchronize data between computers and mobile devices, such as calendar and contact updates from a desktop to a smart phone. The mobile phone information is automatically and remotely stored, allowing information to be easily transferred to a new phone or recovered if lost.
Hostopia acquired Nexthaus assets in an all cash transaction of USD $950,000 plus performance incentives and earn outs of up to $200,000, plus 15% of revenues received from the acquired assets for 3 years following today’s date. Hostopia will employ Key Nexthaus personnel to help integrate the technology.
The acquired software assets will become part of Hostopia’s operations, while Hostopia focuses on launching mobile applications through its existing customer base of more than 330 communications service providers. Hostopia also plans to continue supporting services to customers that entered into agreements with Nexthaus, before Hostopia’s acquired the assets.Research, evaluate and learn more about hosting a website and find webmaster resources here.
Read other web hosting news
|
