United Internet AG has reached an agreement with Austrian webhosting company World4You concerning the 100% acquisition of the company by United Internet subsidiary 1&1 Internet SE. World4You is the leading webhoster in Austria and has over 100,000 customers. The move will strengthen the international activities of United Internet’s Business Applications segment pooled with 1&1 Internet SE, a company held jointly by United Internet (66.7%) and Warburg Pincus (33.3%).
20 Aug 2018
Takeover of Austria’s leading webhosting firm Word4You
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Takeover of Austria’s leading webhosting firm Word4You
United Internet AG (UTDI:WBO) | 0 0 0.9% | Mkt Cap: 11,419m
- Published:
20 Aug 2018 -
Author:
Lionel Pellicer -
Pages:
2
United Internet AG has reached an agreement with Austrian webhosting company World4You concerning the 100% acquisition of the company by United Internet subsidiary 1&1 Internet SE. World4You is the leading webhoster in Austria and has over 100,000 customers. The move will strengthen the international activities of United Internet’s Business Applications segment pooled with 1&1 Internet SE, a company held jointly by United Internet (66.7%) and Warburg Pincus (33.3%).