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XBT Acquires ColocateUSA

FORT LAUDERDALE, FLORIDA -- (Marketwired) -- 07/10/14 -- XBT Holding Ltd. announced the acquisition of ColocateUSA, an enterprise colocation, dedicated servers and VPS provider.

ColocateUSA is based in North Texas, an area widely known for its actively growing technological sector. The company's specializes in enterprise application development and online services, thus benefiting from the expertise of the local work force.

ColocateUSA.com focuses on the ability to customize solutions to the needs of particular customers. Customer support is one of the most valued assets of the company and extreme measures have been taken to keep response time to a minimum. The company invests in knowledge and reliability, when it comes to support, and in the last 2 years has been in the top 10 best support list in North America.

XBT Holding Ltd. benefits from the acquisition due to the strategic position of ColocateUSA, on an international level. The holding's subsidiaries have extensive knowledge in providing dedicated servers as well as VPS which is going to make the exchange of information between the newly acquired ColocateUSA and subsidiaries, such as Webzilla, a leading dedicated server, cloud and colocation provider, invaluable for the whole holding in the long run.

The integration of ColocateUSA.com into the XBT family is eased due to past close working operations. Being in the same sector and years of successful co-existence reassures customers that the process will be on the background and all services will be available, without any interruptions. Furthermore, the unquestionable experience exchange between companies after an acquisition will only increase quality levels, both in customer service and solution development.

"ColocateUSA and XBT have shared, side-by-side, the same colocation provider for a long time. This lasting relationship guarantees a very smooth integration. Thus, removing the need for migration and allowing customers to rest assured that service quality will be high," says Rajesh Kumar Mishra, CFO of XBT Holding Ltd. "The expected standard of operations can only go up. We believe that sharing our knowledge will elevate ColocateUSA and the holding as a whole."

About XBT Holding

XBT Holding Ltd. is a privately-owned global hosting, network solutions and web development provider founded in 2005, with offices in eight countries. Worldwide enterprise and SMB customers rely on XBT's international expertise and comprehensive service portfolio, including managed dedicated hosting, colocation, shared and VPS hosting, high-performance network, cloud, web and application development services. The company operates a worldwide proprietary network through five carrier-neutral datacenters and 13 points of presence in the United States, Europe and Asia, with more than 16,000 servers throughout seven subsidiaries. XBT Holding partners with most major Tier 1 networks to ensure high-speed international connectivity up to 1.5 Tbps. XBT is now one of the fastest-growing companies in the Internet infrastructure industry. Visit XBT online at xbt.com.

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