KPN has announced that its web hosting subsidiary Argeweb is joining Total Webhosting Solutions for an undisclosed consideration.
One of the most popular Dutch web hosting companies, Argeweb was bought by the KPN in 2014. According to the last statements from both companies, KPN and Total Webhosting Solutions, Argeweb is joining Total Web Solutions. KPN recently started migrating all of its domain & web hosting services to Argeweb, as a part of its own strategy to simplify its web hosting portfolio. Both companies didn’t share any information about the transaction.
Koen van Deudekom, CEO Argeweb said:
“I am happy with the opportunity that TWS offers Argeweb, as a company and for me personally. With TWS as a partner, we can continue to guarantee our premium service in the future, and we will continue to invest in new and relevant services for our customers. We also expect that applying the learnings and experiences from other TWS sister companies will accelerate our organic growth in the coming years. Furthermore, we have gained a lot of operational knowledge and experience regarding technical migrations in recent years, which we are happy to use to do our own acquisitions in this rapidly consolidating market.”
Matthieu van Amerongen, CEO TWS said:
“The web hosting market is not growing fast and is expected to consolidate further. Web hosting companies have built a stable customer base and are now looking for opportunities to continue their success in this changing market. Customers benefit from quality and focus. We help to achieve this by giving management access to knowledge gained at other web hosting companies. Each entrepreneur that joins TWS brings its own unique set of performance skills and experiences, and TWS creates an environment in which entrepreneurs can learn from each other. We’re very pleased that we can welcome Koen and his team to TWS to further expand our leading position in the Dutch market.”