XBT Acquires Datacenter.com for $500,000

Fort Lauderdale, Florida, 4 June 2014 - XBT Holding Limited announced the acquisition of the datacenter.com domain name, for the reported amount of $500,000.

Internet has been growing rapidly and the amount of hosted data has been increasing even faster. Every MB of information requires physical storage and this is where datacenters come in. However, the amount of operational datacenters and the required expert staff are insufficient to accommodate the demand for such facilities.

Just like the datacenters, domain names are also extremely valued. The increase in internet business and social media expansion are some of the factors that have reduced the pool of domain names. Dot com domains are the most desirable ones and the majority of the still available are either too long or unappealing.

By obtaining datacenter.com, XBT has secured a highly sought after domain. With the growth of the hosting and internet service industry, the holding has confirmed its development plans. XBT is already utilizing 5 Tier IV datacenters in Dallas, Amsterdam, Luxembourg, Hyderabad and Singapore and has stated intentions of building its own Tier IV datacenter, in Dallas, by the end of the year. The domain name fits the holding's plans and frees large array of possibilities.

In the last 2 years, XBT acquired Root.lu, 800-hosting, IBEE solutions 8 to Infinity, as well as the domains servers.com and ddos.com. The holding's acquisition strategy shows focus in all areas of hosting and online services. Security and flexibility being the business focal points, XBT gains broader customer base and with solutions such as Cloud, Forex in a Cloud, anti-DDoS protection and the high-performance Dedicated servers, VPS, colocation and CDN, looks to assemble a diverse portfolio of customizable offerings.

"XBT Holding is constantly on the move. We are continuously aiming to perfect our services and add more, in order to provide flexibility to our customers," said Konstantin Bezruchenko, CTO of XBT Holding. "The competition for datacenter.com was strong but we knew that it presents great value for us and did everything necessary to acquire it. With this, and other projects in place, we are looking at the future."