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iWeb Receives $22M in Financing
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- IWeb hosting provider iWeb Group and Goldman Sachs Credit Partners announced on Thursday it has reached a $22 million financing agreement.
Thewhir.com Thursday, August 28, 2008AIHSP Seeks Pros as Advisers
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- The Association of internet and Hosting Service Providers is looking for industry professionals to join five advisory subcommittees, responsible for critiquing and improving the organization's core initiatives.
Thewhir.com Thursday, August 28, 2008Hostivia Launches Eco-Initiative
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- Linux-based hosting provider Hostivia has launched a new 'green' initiative to minimize its environmental impact, and offer shared and reseller web hosting customers an environmentally friendly alternative.
Thewhir.com Thursday, August 28, 2008Data102 Partners with R1Soft
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- Data center operator Data102 announced on Thursday it has signed a new strategic partnership with data recovery solutions provider R1Soft.
Thewhir.com Thursday, August 28, 2008Aventure Offers Cloud Control Panel
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- UK web hosting provider Aventure Host announced on Wednesday it has launched its new cloud control panel for managed cloud customers.
Thewhir.com Thursday, August 28, 2008Host Innocent In UGC Copyright Suit
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- YouTube-like streaming video host Veoh has won a watershed civil suit that experts say will have lasting affect for cases where copyright holders sue hosts for copyrighted content posted by users.
Thewhir.com Thursday, August 28, 2008Sify Opens Facility in Mumbai
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- IT services provider Sify Technologies announced on Thursday it has opened a data center in Airoli, Mumbai, the company's fourth data center, in an effort to meet the growing demands of the country's commercial capital.
Thewhir.com Thursday, August 28, 2008Privacyware, PC Stars Team For China
August 28, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- New Jersey Web application security software developer Privacyware and enterprise software and services distributor PC Stars have partnered to address the China business security market.
Thewhir.com Thursday, August 28, 2008Dedicated Server, Colocation Provider, iWeb Group, Attains $22M Financing
Quebec, Canada - (The Hosting News) - August 28, 2008 - web hosting services company, iWeb Group Inc., has entered into a partnership for a $22M financing agreement, with Goldman Sachs Credit Partners L.P., covering long term growth of the company's data centers, dedicated server leasing and web hosting operations.
Eric Chouinard, Chief Executive Officer of iWeb remarked, ''With this agreement, Goldman Sachs will provide financing to allow us to further our business objectives.''
iWeb will initially receive $ 10M USD in senior debt, 5 years, 16% and $ 1M in common shares will be issued to Goldman Sachs at $ 1.30 per share, these common shares will be subject to a four-month hold period. A subsequent $ 1M in shares will follow at $ 1.30, subject to certain market conditions. Under the second part of the agreement, Goldman Sachs can provide an additional $ 8M in senior debt with $ 2M in shares to be issued at market price, all subject to certain co
Thehostingnews.com Thursday, August 28, 2008Hosted Server Solutions Firm, Rack-Soft, Unveils New VoipNow Browser Module
Wilmington, Delaware - (The Hosting News) - August 28, 2008 - Server management and data center administration facilitator, Rack-Soft, has unveiled its VoipNow Browser Module, a free plug-in designed to enable web page click to call functions.
Bogdan Carstoiu, General Manager at Rack-Soft explained, ''We created this plug-in software because we wanted to offer our customers better integration with software from other vendors. For all applications that work in the browser, we addressed the integration at the browser level. VoipNow users will be able to add click to call features to any application, which is unique in industry. We are offering this experience for free, so our customers do not have to pay for the hidden costs, wait for integrations to become available or install and maintain third party software. Once the browser plug-in is configured, it will work with any web based application.''
VoipNow Browser Module can be downloaded from Rack-Soft website at www.4psa.com/getvoi
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