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Article #1604

Re: VERIO to buy Hiway/BEST

#1604
From: plosher
Date: Wed, 29 Jul 1998 00:00
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plosher@wwiv.com wrote:

: ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 29, 1998--

: Acquisition gives Verio largest number of domain-based Web sites and powerful distribution channels in the U.S.
: and over 100 countries


: Verio Inc. (NASDAQ:VRIO), a leading full-service business Internet provider, today announced that it will
: acquire Boca Raton, Florida-based Hiway Technologies, Inc., a leading Web hosting company. The combination of
: the two Internet industry leaders creates the world's largest and fastest-growing domain-based Web hosting
: company with more than 150,000 Web sites.


And in regards to Best:

"Today's announcement also means that Verio Northern California and Best Internet -- two of Northern
California's largest and most prominent providers of high-speed connectivity -- will join forces, with Best
Internet increasing Verio's regional revenue base by over 75 percent. The combination further expands Verio's
operational economies of scale and will greatly increase the Company's sales and marketing presence in the key
Northern California market."

<sigh>

  Peter W. Losher <*> E-mail: plosher\wwiv.com <*> WWIV Internet Services
  * PGP Fingerprint =  4C 0A 9C 4E F8 E8 1D 38  9C 46 7F 1B C0 E3 93 4B *
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From: plosher@wwiv.com
Subject: Re: VERIO to buy Hiway/BEST
Date: 1998/07/29
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