In a continued phase of hypergrowth via acquisition, AlphaRacks is pleased to announce the addition of HostMyBytes, a provider specializing in virtual hosting services since 2014. This acquisition is a strategic addition to the AlphaRacks virtual server division. FOR IMMEDIATE RELEASE Los Angeles, CA - Apr. 23, 2019 - AlphaRacks, a premium infrastructure-as-a-service (IaaS) provider based out of California currently in a phase of growth-through-acquisition, is today pleased to announce that it has closed on the acquisition of HostMyBytes, a provider of virtual hosting services. This acquisition adds 23,000 customers to AlphaRacks' platform, now serving over 100,000 customers worldwide. The Los Angeles based IaaS company is actively acquiring cloud computing, virtual hosting, and technology-enabled firms in the industry, most recently also acquiring NFPHosting and WootHosting early 2019, who were previously competitors in the IaaS space. AlphaRacks is actively acquiring other United States-based companies where customers can benefit from the economies of scale and operational efficiencies that AlphaRacks can add to the table, using its years of industry experience and available resources. “This year, as a company, we are in an ideal point which enables us to grow via client acquisition, and the HostMyBytes acquisition is a continued testament to that. AlphaRacks continues to add functional and integrable assets to our hosting portfolio that are in hot-performing markets," said Julian Jin, managing director with AlphaRacks. "Our new investment serves 23,000 new customers from over 105 different countries and will allow us to expand our global presence even further." HostMyBytes has been in business for over five years and hosts more than eighty thousand domains on its global network. The company's goal is to further streamline a personalized hosting solution to meet the rising technology demands of businesses today. AlphaRacks plans to leverage company resources, assets and implement its operational efficiencies to add order in place for HostMyBytes customers, similar to its successful strategy for its prior acquisitions in the IaaS space. “We express eager enjoyment and passion to welcome all HostMyBytes customers onto the AlphaRacks platform.” commented Julian Jin. “We will be adding HostMyBytes customers into the AlphaRacks brand seamlessly, so that customers can immediately take advantage of the additional operational and support benefits we offer by standard. Customers of HostMyBytes will also be pleased to know that we won't be changing any existing pricing arrangements that were agreed upon with previous management.” commented Julian Jin. He further states, “HostMyBytes has been in business for five years and initially began with humble beginnings. Despite growing pains, we applaud previous HostMyBytes owners for maintaining and building an affordable hosting experience for its multiple dozens of customers from around the globe. We strive on improving upon everything they have built so far, from infrastructure to customer experience - and everything will be done with our customer's benefit in mind.” About AlphaRacks: AlphaRacks is a premium web hosting provider based in Los Angeles, CA. Initially started in 2006 as an on-site IT consultancy firm providing support to local businesses, the AlphaRacks brand was launched in 2013 offering mainstream premium hosting services to both web start-ups and large enterprises. AlphaRacks currently supports over 100,000 clients of all sizes in over 150 countries worldwide. Services include cPanel web hosting, reseller web hosting solutions, hybrid/cloud servers, bare-metal dedicated servers, and virtual private servers, offered in both standardized and custom tailored configurations. Support is provided 24x7x365 by in-house dedicated staff; services are provided by leveraging strategic partnerships of top-tier facility and network providers, ensuring the services AlphaRacks delivers are highly available; which is backed by an industry-leading service level agreement.
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