XBT Holding LTD Continues development with Acquisitions

XBT Holding, which owns Webzilla, one of the world’s largest hosting providers, acquired web hosting companies in Singapore and Luxembourg. It plans to continue improving its offerings in the hosting industry.

The new companies brought under the XBT Holding umbrella include Luxembourg’s largest hosting provider, Server.lu, acquired in June 2012. In July, the company acquired 100% of Singaporean company 8 to Infinity.

XBT Holding LTD analysts expect 100percent growth annually for both Server.lu and 8 To Infinity. In 2011, Webzilla group traffic grew 150percent, and the company’s global organic revenue growth topped 96percent. In 2012, XBT Holding LTD plans to continue aggressive expansion with multiple acquisitions in Europe and Asia.

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 organized. Our goal is to use the Webzilla group’s global expertise to provide a similar level of organization and service to customers throughout Asia.”

With its resources, including the newly acquired companies, XBT Holding LTD can offer new markets competitive global solutions, such as dedicated managed and unmanaged servers, VPS and shared hosting, traffic transit and content delivery.

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