Menu
SAFI acquires 24/7 Hosting

SAFI acquires 24/7 Hosting

SAFI Technologies has made its fourth web hosting company acquisition in two years by buying 24/7 Hosting.

The Christchurch-based web development firm says it will add 24/7 Hosting's 200 mainly small to medium-sized customers, and bring the total number of websites it runs to more than 2,000.

"The profile of 24/7 Hosting’s client base matched ours, they were located in Christchurch and ran similar software and servers to our existing infrastructure,” says SAFI managing director Tim Johnson.

He says his company continues to seek acquisition opportunities.

“We have enjoyed considerable success with previous acquisitions, for example achieving significant increases in websites hosted and therefore revenue with US-based Host World Wide after purchasing them in mid-2007,” says Johnson.

In the last two years, SAFI has bought two other Christchurch-based web hosting firms, one in the US, and established an office in Canada. It was established in 2003.


Follow Us

Join the newsletter!

Or
Error: Please check your email address.

Featured

Slideshows

Bumper channel crowd kicks off first After Hours of 2018

Bumper channel crowd kicks off first After Hours of 2018

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Jefferson in Auckland to kick-start 2018. Photos by Gino Demeer.

Bumper channel crowd kicks off first After Hours of 2018
Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Show Comments