Semoweb Sold / Acquired?!?!

Discussion in 'Industry News' started by drmike, Jun 27, 2013.

  1. drmike

    drmike 100% Tier-1 Gogent

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    Congratulations to Dustin Cisneros over at semoweb.  It appears that Dustin has sold semoweb.

    whois semoweb.com:

     

       Domain Name: SEMOWEB.COM

          Created on: 26-Apr-08

          Expires on: 26-Apr-14

          Last Updated on: 24-Jun-13

     

       Registrant:

       Eric Sengbusch

       --------------------

       Cypress, TX 77429

       us

     

     

     

    Eric's name should be familiar to some folks on vpsBoard, he's with Root Level Technology.

     

    Root Level Technology has made several acquisitions you might be familiar with:

    Host & Store

    ServerSavior

    Dedi France

    URPad.net

    K-DISKNETWORKS

    vmport.eu

     

    and now: semoweb

     

    Congrats to Eric, Root Level Technology and Dustin!
     
    Last edited by a moderator: Jun 27, 2013
  2. Francisco

    Francisco Company Lube Verified Provider

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    Busy Busy!

    It sounds like the guy has a lot of cash in hand.

    Francisco
     
  3. rds100

    rds100 New Member Verified Provider

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    So is this the new EGI?
     
  4. drmike

    drmike 100% Tier-1 Gogent

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    I don't know what Root Level Technology's plans are.  They list the acquisitions on their website and seem to operate the companies as individual units or "products" as they've labeled them.  Obviously, there is integration to some extent on the backend, like one tech / administrative team.

     
  5. Francisco

    Francisco Company Lube Verified Provider

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    EIG* no?

    Francisco
     
  6. HalfEatenPie

    HalfEatenPie The Irrational One Retired Staff

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    HalfEatenPie
    Yall are both wrong.  It's GDI.  The new Global Defense Initiative (shell company is Root Level Technology) is preparing for a NOD Attack by bulking up their online defenses (e.g. by having tons and tons of servers), especially since NOD has Cabal.  

    Ok I'm done with this joke.  Back on topic!  
     
    Last edited by a moderator: Jun 27, 2013
  7. MannDude

    MannDude Just a dude vpsBoard Founder Moderator

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    MannDude
    I get them mixed up all the time too.

    I heard murmurs of this the other day as well. I can't find any official announcement but I would assume Semoweb customers have been told unless perhaps the deal isn't finalized yet? Don't know. (Kind of like URPad couldn't comment that it was sold until everything was finalized despite the thread on LET stating we had)

    The folks over at Root Level Tech seem like good people with the resources to properly maintain and grow brands so I suspect everything will turn out just fine. ;)
     
    HalfEatenPie likes this.
  8. dominicl

    dominicl New Member

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    I'm a SemoWeb customer, and haven't received anything about this.
     
  9. Reece-DM

    Reece-DM New Member Verified Provider

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    Root Level Technology seems to be taking over quite a few host's lately.

    Lets hope something don't go wrong down the road.
     
  10. GVH-Jon

    GVH-Jon Banned

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    Let's pray that RLT takes over EIG in the upcoming years.
     
  11. maounique

    maounique Active Member

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    Anyone knows any details about the deals ? Like if there was some cash offered or just rescued ?
     
  12. drmike

    drmike 100% Tier-1 Gogent

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    Nope.

    I don't understand why those being acquired are in stealth mode and snapped on the lips.   Being bought was always a cause for celebration and I always believed in informing your customers of the deal and what it means to them....
     
  13. SeriesN

    SeriesN New Member Verified Provider

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    Could be that they are under some kind of NDA or getting used to with everything and preparing massive announcements? It takes time :)
     
  14. D. Strout

    D. Strout Resident IPv6 Proponent

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    Yup, you can see Semoweb listed on RLT's website, in the scrolling box at the bottom, right after "Reliabox" and before "Host&Store". My only experience with RLT is through URPad, but the support on URPad has been good since RLT bought them out. Still, whether reasonably or not, I'm always suspicious of a company that's acquiring a whole bunch of other companies without directly providing tangible services.
     
    drmike likes this.
  15. MannDude

    MannDude Just a dude vpsBoard Founder Moderator

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    MannDude
    Well thats new.

    I created most the content for the site and put the other brands in the footer, but not Semoweb. So I'd say that settles it. I messaged a guy who works at RLT on Skype earlier and asked about it but didn't get a response and have ticketed Semoweb about 20 minutes ago, but wasn't aware it was already on RLT's site.
     
  16. MannDude

    MannDude Just a dude vpsBoard Founder Moderator

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    MannDude
    jl1SPjB.png

    Well that settles that.
     
  17. MannDude

    MannDude Just a dude vpsBoard Founder Moderator

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    MannDude
  18. jcaleb

    jcaleb New Member

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    before it is FTN acquiring hosting companies. and now they are bought too? or is it just the urpad brand?
     
  19. jcaleb

    jcaleb New Member

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    sometimes you can smell acquisition few months away. when a company suddenly drops prices too much. seems strategy to increase userbase before selling. this how i see what was happening to urpad and semoweb in past few months
     
  20. peppr

    peppr New Member

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    so who is next on line @jcaleb