Exabytes acquires HostPro2U
By Digital News Asia October 8, 2018
- Part of expansion strategy to move up the value chain of being a e-commerce and Cloud provider
- First two acquisitions were ICONZ-Webvisions and Cybersite Services
EXABYTES Capital Group Sdn Bhd, an e-commerce and Cloud solutions provider in Southeast Asia on Oct 10 announced its third acquisition in 2018 over HostPro2U (owned by E-Global Innovative Sdn Bhd).
The 100% acquisition was sealed in September 2018 for an undisclosed amount.
Established in 2009, HostPro2U is a Malaysian based hosting provider with over 10 years of experience in the website hosting industry with 3,000+ customers.
According to Exabytes founder and CEO Chan Kee Siak (pic), this acquisition marks the third part of the Exabytes Group’s merger and acquisition roadmap for the year 2018.
The first two were ICONZ-Webvisions Sdn Bhd and Cybersite Services Pte Ltd, which were both acquired this year.
“HostPro2U is our third acquisition in 2018, as part of the group’s expansion strategy to move up the value chain of being a e-commerce and Cloud provider. The experience and know-how of HostPro2U will certainly contribute to our existing teams, and together we can become stronger and larger in assisting more clients to grow their business online,” says Chan.
Meanwhile, the Exabytes Group has an existing network of world-class data centres in Malaysia respectively located in Kuala Lumpur, Penang and Cyberjaya as well as in five other global Locations, in Singapore, Indonesia (Jakarta), Hong Kong, Tokyo and the United States.
“I am confident that the acquisition of HostPro2U will provide a synergistic advantage to the greater performance of the Exabytes Group – for our shareholders, partners and customers,” ends Chan.