Friday, May 05, 2006

The Planet, EV1Servers Are Acquired by GI Partners

Via Netcraft.

The investment firm GI Partners has purchased a controlling interest in The Planet and EV1Servers, two of the industry's largest dedicated hosting specialists, according to industry sources. The new owner has lengthy experience in the hosting and data center business.

The Planet and EV1Servers are the fourth and seventh-largest hosting providers in the world, according to Netcraft's Hosting Provider Switching Analysis, and the top two dedicated hosting specialists. Each experienced explosive growth during the past three years, driven by the surging popularity of dedicated servers. The Planet, which is headquartered in Dallas, hosts 896K active sites and 1.3 million hostnames, while Houston-based EV1Servers is home to 685K active sites and 1.2 million hostnames.

Additional details of the deals are expected to be announced early next week by GI Partners. The Planet and EV1Servers will maintain independent operations and identities but may operate with a consolidated balance sheet, according to industry sources, who said customers are unlikely to see any immediate changes.

More here.

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