Seeking Alpha

Internap acquires hosting provider iWeb for $145M

  • Internap Network Services (INAP) acquires hosting and cloud provider iWeb for $145M.
  • iWeb had TTM revenue of $44M and EBITDA of $11M. It has 10K customers in over 100 countries and 200 employees.
  • PRConference call at 8am ET tomorrow
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