DGAP-News: Telefónica Deutschland Holding AG: Host Europe Group acquires Telefónica Germany Online Services GmbH (TOS) to further strengthen its Managed Hosting division.
DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Strategic Company Decision Telefónica Deutschland Holding AG: Host Europe Group acquires Telefónica Germany Online Services GmbH (TOS) to further strengthen its Managed Hosting division. 13.09.2013 / 14:09
13th September 2013 Host Europe Group acquires Telefónica Germany Online Services GmbH (TOS) to further strengthen its Managed Hosting division. Host Europe Group, Europe's leading hosting provider, has today announced the successful acquisition of Telefónica Germany Online Services GmbH (TOS), a subsidiary of Telefónica Deutschland, for an undisclosed consideration. This acquisition will further strengthen Host Europe's position as a leading provider of enterprise hosting solutions to small and medium-sized enterprises, and enable the company to deliver highly technical solutions to its client base. Thomas Vollrath, CEO of Host Europe Group said: 'We are delighted to welcome TOS to our Group portfolio. Combining TOS' significant high end hosting expertise with our cloud and mass hosting capabilities will mean we are better placed than ever to deliver everything any organisation needs to be successful online.' TOS provides full managed hosting solutions, customer specific application services as well as portal projects. Host Europe Group manages more than five million registered domains and specialises in cloud and virtualisation solutions, as well as software as a service (SAAS). The combined group will create a unique player in the German market as the enlarged company will be able to offer a full complement of hosting services; alongside customised solutions for individual customers' needs. 'We are delighted that Host Europe Group is acquiring TOS. We believe Host Europe Group is the ideal owner for the business to further extend the already successful hosting business of TOS,' says René Schuster, CEO at Telefónica Deutschland. 'We would like to thank all employees for their dedicated work which has contributed greatly to the growth of TOS and we wish them great success in becoming part of the Host Europe Group'. Completion of the transaction is subject to customary regulatory approvals. End of Corporate News
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Language: English Company: Telefónica Deutschland Holding AG Georg-Brauchle-Ring 23-25 80992 München Germany Phone: +49 (0)89 24 42 0 Internet: www.telefonica.de ISIN: DE000A1J5RX9 WKN: A1J5RX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart TecDAX End of News DGAP News-Service