AMSTERDAM, August 8, 2012 /PRNewswire/ --
XBT Holding LTD, global telecom provider for business continuity, acquired web hosting companies in Singapore and Luxembourg. XBT Holding, which owns Webzilla, one of the world's largest hosting providers, plans to continue improving its offerings in the hosting industry with similar acquisitions in the future.
The new companies brought under the XBT Holding umbrella include Luxembourg's largest hosting provider, Server.lu, acquired in June 2012. In July, the company acquired 100% of Singaporean company 8 to Infinity (8.to).
In addition to substantially increasing the XBT Holding's global offerings, the company's extensive infrastructure, global network and partnership with vendors, tier-1 providers and traffic carriers will improve business processes for Server.lu and 8 to Infinity, bringing those companies to new levels of efficiency.
XBT Holding LTD analysts expect 100% growth annually for both Server.lu and 8 To Infinity. In 2011, Webzilla group traffic grew 150%, and the company's global organic revenue growth topped 96%. In 2012, XBT Holding LTD plans to continue aggressive expansion with multiple acquisitions in Europe and Asia.
Rajesh Kumar Mishra, chief financial officer of XBT Holding LTD, said, "With the successful acquisition and integration of these two companies, we are exercising what we see as a clear opportunity for growth in India and Hong Kong. The Asian market has grown immensely in recent years, but the hosting business in Asian countries is not yet up to the standards of the U.S. and Europe, because it's not yet organized. Our goal is to use the Webzilla group's global expertise to provide a similar level of organization and service to customers throughout Asia."
With its resources, including the newly acquired companies, XBT Holding LTD can offer new markets competitive global solutions, such as dedicated managed and unmanaged servers, VPS and shared hosting, traffic transit and content delivery.
About Webzilla and XBT Holding LTD
XBT Holding LTD, a privately owned holding company, founded Webzilla web hosting company in 2005. XBT Holding includes a wide range of telecom and hosting companies, including Webzilla, IP Transit, and Universal CDN. The company offers enterprise customers in all sectors a full portfolio of telecom services for business continuity, including colocation, managed dedicated servers, cloud computing, high-performance managed networking, storage, and security.
For more information, visit http://www.webzilla.com.