6th December 2010
Web4Africa Ltd (www.web4africa.net) today announces its 100% client acquisition of Nairahost, a company that provides domain name services and web hosting to Nigeria.
Established in 2004, Nairahost started with a vision to dominate the Nigerian web hosting industry through offering intelligent business solutions in an efficient manner. Nairahost rose rapidly to dominate the Nigerian web hosting industry. Nairahost before acquisition, was an accredited .ng domain registrar and also managed a portfolio of a few thousand domains.
The acquisition by Web4Africa not only enlarges Web4Africa’s market share, but also offers lower pricing and a larger choice of domain extensions to Nairahost customers as well as a world-class technical support for their web hosting services.
Web4Africa would manage Nairahost as an independent entity before fully merging the two operations in early 2011.
Oluniyi D. Ajao, Managing Director of Web4Africa Ltd., said, “this acquisition offers an improved service delivery to Nairahost customers. It would offer us a stronger foothold into the vibrant and dynamic market in Nigeria. The acquisition is noteworthy because no merger of operations on this scale has happened before, in the African web hosting industry.”
The acquisition boosts Web4Africa’s current client base of over 8,400 to about 11,500 after an expected overlap of clients has been considered. It also pushes Web4Africa’s domain portfolio to well over 8,000 and number of domains hosted to well over 4,000.
About Web4Africa Ltd.
Established in 2002, Web4Africa has grown to be a market leader in Africa, offering domain name services, web design and web hosting to clients worldwide.
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