Crissic has been acquired by Quadranet

Discussion in 'Industry News' started by MannDude, Aug 11, 2015.

  1. MannDude

    MannDude Just a dude vpsBoard Founder Moderator

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    MannDude
    As per: https://vpsboard.com/topic/7593-what-happened-to-the-crissic-website/#comment-98807

     
    Last edited by a moderator: Apr 30, 2017
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  2. DomainBop

    DomainBop Dormant VPSB Pathogen

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    translation:  our only reason for making this purchase was those 39,936 IP addresses!
     
  3. QuadraNet.Dustin

    QuadraNet.Dustin Member

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    Thanks MannDude for the repost! QuadraNet is excited for what the future holds and we look forward to working with the Crissic customers.

    If any other hosting providers are looking to get out of the industry, please email me [email protected]

    Thank You!

    Dustin Cisneros
     
    Last edited by a moderator: Aug 11, 2015
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  4. MikeSpears

    MikeSpears Member

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    Congrats guys! Crissic's customers are in great hands! QuadraNet is a fantastic company.
     
  5. clarity

    clarity Active Member

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    I wonder how long I will be able to keep my yearly special with them. I'll start downloading all my files again shortly.
     
  6. MannDude

    MannDude Just a dude vpsBoard Founder Moderator

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    MannDude
    Just curious if customers have been notified yet of an ownership change, or if they will only find out in the odd chance they all read vpsBoard and LET or notice their PayPal funds being sent to what I would imagine be a new address?
     
  7. Hxxx

    Hxxx Active Member

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    I'm not the usual drmike but it sound like there was some debt with QuadraNet? Anyone?
     
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  8. clarity

    clarity Active Member

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    As a customer, I have not been told a thing about this change. If it were not for this post, I would have never known about it. It is off to a great start so far.
     
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  9. Amitz

    Amitz New Member

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    Ah, come on! It's all about the Crissic IPv4 space and not about the customers.
     
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  10. ModyDev

    ModyDev New Member

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    QuadraNET can not just announce/buy new ips instead of buying another company just for IPv4 space ?
     
  11. Amitz

    Amitz New Member

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    Ever heard of IPv4 depletion?
     
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  12. Mayers

    Mayers Member Verified Provider

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    I've had a feeling they would be acquired. Well congrats to Skylar on the sale, you can sit back a relax for a while :).
     
    Last edited by a moderator: Aug 11, 2015
  13. DomainBop

    DomainBop Dormant VPSB Pathogen

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    The fact that their CEO is so negligent about security updates on his personal blog and is running a very outdated WordPress 3.61 (which has a bunch of very critical security vulnerabilities)  scares me http://ilanmishan.com/readme.html  and is enough reason for me not to use them.

    RyanD ([email protected]) posted this on LET:

    ...adding my two cents to that thought, the ones with unsustainable plans who weren't able to acquire any IP space (BoltVM comes to mind) are probably f***ed.  GVH proved that a bunch of low end customers with unsustainable plans don't have very much value for potential acquirers.
     
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  14. drmike

    drmike 100% Tier-1 Gogent

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    His blog?  Where he ranted about spammers and being implicated around trash behavior online?   Imagine that.

    It's like none of these guys are technologists.  They are coin collectors, get money yoyos.

    We can't hold them to standards or expectations and afterall, it's his personal thing.  Miracle it hasn't been defaced and hacked to pieces.  Would be doing him a favor in light of the content.  

    Seriously, he should delegate such to his staff.
     
  15. Licensecart

    Licensecart Active Member

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    As much as I like Quadranet, I have to agree, if they bought them out and won't be offering the services it seems they just wanted more customers / IPs / servers… A company who bought it for the long run would have re-stocked and started business as normal.
     
  16. ModyDev

    ModyDev New Member

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    Yea , right what i meant is why not buy IPv4 spaces from individuals/companies selling it will be cheaper than buying the whole company.

    Anyway congrats for both.
     
  17. Francisco

    Francisco Company Lube Verified Provider

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    Because there's probably a good chance that the brand sold for a lot less than wholesale market IP pricing. There's lots of brands out there that barely get by that are sitting on some space. If their sales/signups take a turn for the worst they'll be looking to sell, and I doubt they're going to find someone paying value of customers + $10 per IP. 

    I figure Crissic sold for $5/IP or so.

    Francisco
     
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  18. AuroraZero

    AuroraZero Active Member

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    Moved my stuff out when I heard about this earlier. Had been with the company since I had switched to them when I left FRH just before they sold out. Requested immediate cancellation and deletion of my details. Have not heard anything back yet.
     
  19. DomainBop

    DomainBop Dormant VPSB Pathogen

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    The immediate complete deletion of your details isn't going to happen. 

    Recommended record retention for U.S. businesses:

    Invoices to customers,  sales records, expired contracts, charge slips (including 3rd party payment processor sales records) : 7 years

    Correspondence with customers 1-2 years 

    http://www.wssrcpa.com/RecordRetention.htm

    A real business wouldn't be using WHMCS as their sole/primary accounting record keeping tool so they should be able to remove your details from WHMCS but they'll still need to retain necessary records with your details offline. (Unfortunately I think we all know there are many smaller hosts who rely on WHMCS for 100% of their record keeping / accounting needs and those are usually the ones who say they can't remove you from WHMCS)
     
    Last edited by a moderator: Aug 11, 2015
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  20. AuroraZero

    AuroraZero Active Member

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    You understood what I meant and they had better as well. I don't want their spam emails with offers and shit. I am not interested in their services. They can retain them for the reasons they need to, but other then that remove them from the database of active customers, and put me in the filed records.