Holy shit, Jupiter Hosting SOLD.....
 

just got this in the mail........

Dear Jupiter Hosting Customer,

I am pleased to announce that NaviSite (www.navisite.com) has acquired Jupiter Hosting and to share our excitement about this news. More than 600 employees make up NaviSite?s current global family, all of whom are focused on the single mission of serving our customers. Our teams provide technology and solutions to more than 1000 mid-market companies - from larger enterprises to smaller businesses - so that you, our customers, can achieve superior performance to win in your business. Helping customers succeed is the core of our mission and the foundation of our brand in the marketplace.

We believe the combined capabilities of Jupiter Hosting and NaviSite present an outstanding opportunity for our customers. You are already aware of Jupiter Hosting?s expert hosting and software development capabilities. NaviSite will maintain and extend those capabilities by offering greater scalability, further application development expertise and Web 2.0 tools, and a broader portfolio of IT services, including Application Management, Internet Infrastructure, Hosting, and Colocation. As a result, you will have access to a wider range of technical capabilities that can easily grow as your business succeeds.

As we begin this transition, there will be no immediate changes to your service, and NaviSite will work with you to continue providing the highest levels of service possible. Over the next few months, we will further communicate with you regarding details on how we will work together.

NaviSite looks forward to building on the services you have through Jupiter Hosting and to creating a direct and valuable relationship with your organization. If you have any further questions, please give me a call at 978-804-8326 and/or click here to view a Frequently Asked Questions (FAQs) document.

Thank you for your business.



Kind Regards,

Will gfy run faster now?

Andover, MA. August 13, 2007- NaviSite, Inc. (www.navisite.com) (NASDAQ: NAVI), a leading provider of application management, internet infrastructure and hosting solutions for the mid-market, has acquired two privately-held providers of hosting services – Alabanza and Jupiter Hosting – for total cash consideration of approximately $15.5 million.

Very nice,

Shit, that's what I wanted to ask

:1orglaugh

Andover, MA. August 13, 2007- NaviSite, Inc. (www.navisite.com) (NASDAQ: NAVI), a leading provider of application management, internet infrastructure and hosting solutions for the mid-market, has acquired two privately-held providers of hosting services – Alabanza and Jupiter Hosting – for total cash consideration of approximately $15.5 million.

Congrats to the owners of Jupiter, they must be excited to cash out :)

Brad

”Alabanza and Jupiter fit neatly into our managed hosting offerings and were acquired at less than four times expected synergistic EBITDA,” said Arthur Becker, Chief Executive Officer of NaviSite. “These transactions add new customers with average revenue per square foot densities of approximately $4,700 per year and create significant opportunities to up-sell and cross-sell our entire suite of managed services.”

Damn, only $4700 per square foot? lol lol

Brad

Is it good or not for the customer? what do you think?

i hope they like porn ;)

Congrats to the winners!

Interesting....

I'm sure they are well aware of Jupiters customer base:winkwink:

probabaly get new wheels with spinners on it :winkwink:

wonder if that means poppy needs a job?

Congrats Ray!!

Damn, does that mean poppy is unemployed? or retired?

:pimp

Fuckin Sweet!

He will never be unemployed....well not after he talks to me ;)


--T

lol - how subtle...

I thought so ;)

Seriously, I won't hire someone who is currently employed by a competitor....but if he (or others) are not making the move to the new ownership then I would be interested in speaking with them. We are always hiring the right people.


--T

Navisite, shit thats a name I have not heard in a long time. Congrats to them, they were never really into porn but they did have an undercover division sort of that was experimenting with porn video hosting back in the day.

Congrats. Dosen't Lens own a part of jupiter ?

Damn now that is some news... wonder what that will mean for the structure and management of the company...

bought and maintained by current faculty or will those some 600 employees migrate


I must maintain the gerbils!!!

kick ass for ray, kc, and joe!! congrats boys

very sexy very very sexy :)

Brad, thanks a lot for your tour in Miami, very impressive!!

Your time will come some day :-)

It was great to have you along on the tour!

I just thought it was interesting that they were measuring revenue per square foot, I never thought of that metric. I guess we're quite a bit more dense, my figures per square foot are nearly double.

:thumbsup

Brad

I would be betting at least 10% on "running to another host that isn't listed on NASDAQ".

Just get a taller building... sounds like the perfect hosting rental race would be about 2 feet by 2 feet by about 200 feet tall. That would really bring the revenue per square foot up.

Hey Brad....

Revenue per square foot is a common metric among people who operate their own Data Center and it includes more than just the rack. It includes all of the space for HVAC, Generators, Battery Rooms, Fire Suppression Equipment, Routing Infrastructure, Meet Me Facilities, etc. Basically everything except the Administrative Offices is included in the number.

For hosting companies like yours, that co-locate into another company's data center, the metric is considered ARPU (Average Revenue Per Unit).

Of course, just between you and I, oftentimes I am jealous of you not having to deal with operating an IDC. You just write a check and expect things to work while you are busy taking care of your customers while I have to sit in meetings all day and learn things like the difference between 480 and 240 and Amps and Watts and why when the UPS says 900 on the side of it, you really are only suppose to let it go to about 700 before you have to buy another one. I would rather watch nails rust. ;)


--T

They got sick and tired of GFY pulling down the network :)

What about
http://finance.yahoo.com/q?s=PLA

I don't see them moving hosts because of the buyout.

(edit: SweetT beat me to it, had to put the kiddo to bed before I could reply. doh!)

Brad,

Are your numbers including "overhead" space for things like CRAC units, generator bays, battery rooms, etc? If not, that's why their numbers are likely low since afaik they owned/leased their own datacenter building. But, who knows which numbers are actually used in a press release, and if they are even close to accurate :)

By my math for a recent build we did, which does include some space for CRAC units and 3-phase PDU's, is roughly 26 sqft per rack. This is for a large "suite" (e.g. cage) inside an already functioning facility. When you include battery room and genset square footage, my 26 sqft per rack figure would go way up.

Otherwise, if they are using raw "this many racks fit in this many square feet" then yeah, it's a bit lower than my numbers as well. So low in fact, that I'm pretty sure the overhead space is included.

Nice "seeing" you at the show - quite literally, for about 5 seconds :)

-Phil

This could really end up sucking for all those people who just signed two year deals with Jupiter during their last promo. (if the support/service/network ends up deteriorating)

This explains why they were making such an aggressive offer to get people to sign long term deals.
More people under contract means more $$ when you put the company on the block.

big and very interesting news.

Congrats!!!!!

congrats :)

Congrats to the winners...

Just to help you out T, what size nail shall I send you ?? :winkwink::1orglaugh

nice chunk of change

that was a smart move.

great deal

YES it is :thumbsup

interesting news

this is a good thing?

Awesome news congrats to all involved! Poppy my offer(s) still stand =)) It's exciting to see how things change in our industry so rapidly. Good luck to all!

Read the news earlier today. Congrats to all involved!

Like whoa!