Dutch telecommunication company KPN has bought a hosting specialist Argeweb which specialises in domain registration, web hosting, hosted exchange and online-storage services for the SME sector.
The acquisition is in line with KPN's strategy to grow towards cloud hosting, it says. Through this move, KPN will also collaborate with Argeweb's sister company Amsio which ensures KPN the access to the Microsoft Azure Pack.
In the Netherlands Argeweb provides hosted exchange and Argeweb cloud virtualisation platforms for the small and medium business market. It has over 50,000 customers and offers nearly 200,000 domain names while KPN serves 150,000 customers in the business segment with 250,000 cloud services and hopes to grow its share in the cloud market.
After the acquisition, Argeweb will become a part of the KPN Cloud team and will be led by Koen van Deudekom.
"Argeweb is one of the largest and most successful hosting companies in the Netherlands. Through this acquisition we will increase our market position and scale in this fast growing market," says John van Vianen, CEO KPN Business Market.