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Web Hosting Provider Sitestar Buys Comcation Assets |
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March 7, 2008 – (HOSTSEARCH.COM) – Web hosting provider Sitestar (http://www.sitestar.com) has bought the assets of Comcation, an Internet service provider whose services also include web hosting, it was reported recently. Sitestar is believed to be pursuing a number of similar acquisitions in 2008.
"Comcation's blend of access and hosting customers represents the ideal customer composition that Sitestar is targeting for acquisition," explained Sitestar’s CEO, Frank R. Erhartic, Jr. "Our strategy is to continue to leverage our economies of scale within the narrowband segment to generate revenue that will drive new growth in opportunistic market segments such as web hosting which, like dial-up, has strong profit margins but, also, the added benefit of customer 'stickiness.' We welcome the former Comcation customers to Sitestar and look forward to providing them with unparalleled service and support," added Mr. Erhartic.
With headquarters in Lynchburg, Virginia, USA, Sitestar offers business-grade Internet access, web hosting and other Internet related products. The company “maintains multiple sites of operation and provides services to customers throughout the US and Canada”. |
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