On Friday, it was reported that the Internet Corporation for Assigned Names and Numbers had informed RegisterFly that it is in breach of its operating agreement, and will lose its accredation if it can't fix serious operational problems in the next 15 days.
The trouble at RegisterFly surfaced this week with allegations that the company's former president and CEO misused company funds. While the company's principles fight it out, tens of thousands of customer domains have been lost or mishandled.
Along with the particularly big RegisterFly story, there were several announcements of acquisitions this week.
On Monday, domain registrar and web host NetRegistry announced that it had acquired the assets of domain registrar PlanetDomain from Primus Telecommunications for $8 million. PlanetDomain, says NetRegistry is among the top five Australian domain registrars and Web hosts, serving more than 100,000 small and medium-sized businesses domestically and internationally. The company will continue to be managed by its current staff from Melbourne, Australia.
And on Wednesday, routing solutions provider Internap Network Services announced that it had completed its acquisition of video streaming provider VitalStream Holdings. The acquisition will add VitalStream's rich media delivery platform to Internap's toolset. And VitalStream's content monetisation and advertising solutions will enhance Internap's means for helping businesses turn web-based content and assets into revenue.
Along with the acquisitions was an assortment of other announcements, including a data center expansion, an appointment and a planning session for an upcoming web hosting event.
On Tuesday, web host The Planet announced that it had expanded its data centers in both Dallas and Houston. The additions total 25,000 square feet and bring the company's total data center footprint to 175,000 square feet, approximately 60 percent of which is in Dallas. The company says the Dallas expansion is currently operational and the Houston expansion will begin serving customers by the end of March.
On Wednsday, web host VeriCenter announced that it had named Steve Lesem its senior VP and chief marketing officer. Lesem will report to president and CEO Gray Hall, and will be responsible for demand generation, field marketing communications, business development, analyst relations and messaging.
Also on Wednesday, web hosting trade show HostingCon announced that its advisory board would meet this week to make arrangements for the third annual event, which takes place in Chicago from July 23 to 25.
The advisory board consists of hosting expert Isabel Wang, FastServers executive Aaron Philips, and Ben Fisher an Derek Vaughan of TechPadAgency. The advisory board toured the event facilities and will begin discussing speakers, press procedures, events, show marketing and other ideas for the conference.
While this week's news included announcements from all over, the most significant story will also be worth the most ongoing attention, as RegisterFly must solve its problems quickly if it hopes to retain its status as an ICANN-accredited registrar.
Return to hosting news headlines
View Hosting News Archive