Chan Kee Siak
Web and cloud hosting provider Exabytes Network Sdn Bhd, via its Easy.my division, has acquired Hinetmedia to optimize its current e-commerce activities in the country.
MSC status company Exabytes Network Sdn Bhd recorded around US$4.8 million revenue for 2011, a 30% jump over 2010. Profits, at US$670,000, were up 80% over 2010. The company is now expanding into Singapore and eyeing an eventual listing.
Exabytes and MOLPay have forged a pact to jointly provide Malaysian merchants with a fast, easy and affordable payment gateway system to enable e-commerce.