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Leaseweb Global Acquires Iweb To Build Significant Market Share In Canada

Aug 02, 2021about 4 years ago

Acquiring Company

Leaseweb

Acquired Company

iWeb

Description

Leaseweb Global, a leading hosting and cloud services company, today announced the acquisition of iWeb, one of Canada’s foremost providers of cloud hosting, server hosting & hosted solutions. The acquisition enables Leaseweb to build a significant market presence in Canada, which now becomes its third biggest international region by revenue, behind The Netherlands and U.S.

Company Information

Company

Leaseweb

About

Leaseweb is a leading Infrastructure as a Service (IaaS) provider serving a worldwide portfolio of 18,000 customers ranging from SMBs to Enterprises. Services include Public Cloud, Private Cloud, Dedicated Servers, Colocation, Content Delivery Network, and Cyber Security Services supported by exceptional customer service and technical support. With more than 80,000 servers under management, Leaseweb has provided infrastructure for mission-critical websites, Internet applications, email servers, security, and storage services since 1997. The company operates 20 data centres in locations across Europe, Asia, Australia, and North America, all of which are backed by a superior worldwide network with a total capacity of more than 10 Tbps. Leaseweb offers services through its various sales entities, which are Leaseweb Netherlands B.V. (“Leaseweb Netherlands”), Leaseweb USA, Inc. (“Leaseweb USA”), Leaseweb Asia Pacific PTE. LTD (“Leaseweb Asia”), Leaseweb CDN B.V. (“Leaseweb CDN”), Leaseweb Deutschland GmbH (“Leaseweb Germany”), Leaseweb Australia Ltd. (“Leaseweb Australia”) and Leaseweb UK Ltd (“Leaseweb UK”), Leaseweb Japan KK, Leaseweb Hong Kong LTD. For more information visit: www.leaseweb.com.

FundzWatch™ Score

62
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed