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April 07, 2005

Endurance Purchases FatCow Web Hosting

FatCow Web Hosting (www.fatcow.com) announced that the company sold its assets to Endurance International, a Boston area group. The final terms of the acquisition by Endurance International Group Inc. were completed in October of 2004. In March FatCow's facilities was moved to Endurance's Datacenter in Massachusetts.

"I hope it just continues to grow and customers are delighted," says company CEO and founder Jackie Fewell, who is now an Endurance vice president of marketing. She also shared that the acquisition was a really exiting event.

"We really thought that they had figured out how to address their market segment," says Endurance International CEO Steve Sydness.

FatCow's revenues over the past couple of years grew by about 25 percent annually and from 2003 to 2004. The company has chosen because of its strong branding and steady growth.

Between 2001 and 2004, FatCow increased clients accounts from 4,367 to more than 33,000. FatCow provides web hosting services in 80 countries. Net//works!, a FatCow's Web hosting company was also sold.

The brand name, FatCow, will continue to exist because of the equity the name has among its customers and in the region. FatCow's technical staff will run a customer support call center.

FatCow and Endurance both provide Web-hosting services - computer servers and expertise required to support Web sites, e-mail and e-commerce.

FatCow will retain its brand name, and a marketing and technical presence in Albuquerque, N.M.

Get more info.

06:03 AM in Web Hosting Companies | Permalink