Web Hosting Provider Assets of Alentus, Acquired by EnActen Corporation
Laguna Niguel, California - (The Hosting News) - January 4, 2008 - Web hosting assets firm, EnActen Corporation, has completed the transaction acquisition of Canadian dedicated and shared hosting company based in Edmonton, Alberta, Alentus Corporation.
Financial terms of the stock transaction were not disclosed. Tom Millitzer, President of New Commerce Communications (NCC), represented Alentus in the transaction. At the time of the transaction, Alentus reported more than 107 consecutive months of profitable operations. Upon the closing of the transaction, EnActen will effect a name change to Alentus Corporation.
Founded in 1997, Alentus is one of the most recognized hosting firms in Canada and is a Microsoft Gold Certified Partner. With a business model focused on premium Windows based hosting services, Alentus provides dedicated services to thousands of customers including Fortune 500 firms such as: Coca-Cola, ADT Security, Intel, Kellogg’s, Sheraton Hotels, Fidelity Investments, Honeywell, and departments of the United States and Canadian governments. In addition to offering various hosting services, Alentus offers an established customer base suitable to embrace various fast growing enterprise services such as managed converged voice, unified messaging, WAN connectivity, co-location, and dedicated Internet connectivity solutions.
William King, Chairman and CEO of EnActen remarked, ”The overall reputation, quality of staff, and superior operating profit initially attracted us to move forward with the Alentus acquisition. As we learned more about Alentus, it became apparent that our synergies and culture represented a solid foundation to implement our overall growth strategy to provide first class dedicated and shared hosting services to any business and integrate other mobile/exchange service mixes into the customer channel. We welcome the Alentus team and look forward to providing timely updates as developments occur.”
EnActen Corporation is based in Laguna Niguel, California and was founded in 2007. The company is dedicated to providing superior end-to-end hosting solutions to mission critical clients. EnActen has identified and begun negotiations on several other acquisition targets that the Company believes have true synergistic relationships each of which will provide immediate financial benefits to the Company.
Alentus Corporation is based in Edmonton, Alberta Canada and was founded in 1997. The Company provides Windows web hosting, SharePoint Hosting, SQL hosting, and Microsoft Exchange hosting services to thousands of small- to medium-sized companies and customized services for larger organizations including many Fortune 500 clients. Alentus is a Microsoft Gold Certified Partner and owns and operates a state of the art data-center in downtown Edmonton.
New Commerce Communications, Inc., (NCC) is a leading merger and acquisition service company specializing in Web Hosting, Data Centers and associated Internet sectors. NCC was founded in 1994 and has been specializing in the Internet sector since 1997.
To learn more, please visit: www.alentus.com/hosting.
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