Tag Archives: billion-dollars

Cloud Host Iomart Turns Down Acquisition Offers from Host Europe

Posted on July 31, 2014 by Hosting

Scottish web hosting and cloud services provider Iomart rejected an offer to buy the company for more than half a billion dollars (or £300 million) earlier this month. German web host Host Europe, according to a statement from Iomart, made two cash offers in June which would pay 2.75 GBP and then 2.85 GBP per Iomart share. Continue reading →

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Satellites, Balloons and Solar-Powered Drones to Cover the World in Internet Access

Posted on June 2, 2014 by Hosting

Google will spend over a billion dollars investing in internet infrastructure, and plans to purchase 180 satellites that will orbit the earth at lower altitude than traditional satellites, according to a report by the Wall Street Journal. Continue reading →

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