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United Internet Acquires Polish Webhoster Home.pl. The Consolidation Continues

Fri, 10th July 2015, 15:48

United Internet has announced an agreement with the owners of Polish webhoster home.pl for the acquisition of all shares by United Internet's subsidiary 1&1. Home.pl is expected to continue operating as an independent company under the leadership of its current management team

Together with the United Internet brand 1&1, which has already been operating in Poland since 2010, United Internet is hoping to increase market share in the Polish market and strengthen the company's leading position in Europe. Home.pl currently employs 240 people and has over 300,000 customers with expected annual sales of around 25 million euros in 2015.

As seen with prior acquisitions by United Internet, maintaining a separate brand and management team appears to be the favored modus operandi. Besides its flagship brand 1&1, United Internet's other brands include 1&1 Uk, 1&1 USA, United-Domains, Fasthosts, InterNetX, Sedo and affilinet – GMX, Arsys and WEB.DE.

 

Not enough.. expect more

United Internet says that since the European webhosting/cloud computing market has largely been carved up, it plans to focus more on acquisitions in future, in addition to organic growth. Against this backdrop, United Internet plans to examine the possibility of an IPO for its "Business Applications" segment in the coming months, for which it expects sales of around 600 million euros in fiscal 2015. An IPO may be launched in around two years.

 

About 1&1

From convenient domain packages and feature-rich web hosting plans to virtual private servers and powerful dedicated servers, 1&1 offers a complete range of web services for every need, skill level, and budget. With newer products like MyWebsite, small- and medium-sized businesses can design and execute a professional website without any experience in web development. All 1&1 products have been designed to provide the ideal combination of features and affordability, with no pricing gimmicks or hidden costs. You simply won’t find a better value for your money!

 

About home.pl

home.pl was founded in 1997 and is the largest provider of Internet services to small and medium-sized enterprises in Central and Eastern Europe. The company specializes in hosting websites, email accounts, systems and business application sharing over the Internet. home.pl has won many prestigious awards and honors.

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