XBT Holding Continues Expansion with Acquisition of Singapore Hosting Provider 8 To Infinity
XBT acquired 100% of one of Asia's largest hosting providers.
SINGAPORE, July 17, 2012 - Web hosting company Webzilla acquired 100% of Singaporean company 8 To Infinity, one of Asia's largest hosting providers. The addition of 8 To Infinity to the hosting services of XBT Holding will substantially increase the company's global offerings.
8 To Infinity has been working in Asia's regional hosting market for more than 12 years. During this time, the company accumulated a sizeable customer base and extensive experience, and created a solid infrastructure.
Lim Boon Chuan, managing director of 8 To Infinity said, "Being part of the XBT Holding will allow us to tap into some of the largest networks in the world, as well as enhance our services and products to serve Asian markets far more efficiently."
According to Chuan, XBT's extensive infrastructure, global network and partnership with vendors, Tier-1 providers and traffic carriers will improve 8.to's business processes and bring the company to a new levels of efficiency. XBT analysts expect 100% growth annually for 8.to. In 2011, XBT traffic grew 150%. The company's global organic revenue growth topped 96%.
In 2012, Webzilla plans to continue aggressive expansion with multiple acquisitions in Europe and Asia. Recently, the company bought Luxembourg's largest hosting provider, Server.lu.
Rajesh Kumar Mishra, chief financial officer of XBT Holding LTD, said: "With the successful acquisition and integration of these two companies, we are exercising what we see as a clear opportunity for growth in India and Hong Kong. The Asian market has grown immensely in recent years, but the hosting business in Asian countries is not yet up to the standards of the U.S. and Europe, because it's not yet organised. Our goal is to use the XBT's global expertise to provide a similar level of organisation and service to customers throughout Asia."
About 8 To Infinity
8 To Infinity, founded in 1997, is one of the long-established hosting companies on Singapore market. The company has been a trusted provider for the large-scale industry and government customers as well as gaming and e-commerce companies and sole entrepreneurs. 8 To Infinity provides premier-level dedicated hosting, collocation, data hosting and CDN utilizing the state-of- the-art technology to allow its clients concentrate on their core business operations. To learn more about the company, please visit:
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