Add-on Acquisition • Information Technology

Exabytes Network Sdn Bhd Acquires ICONZ-Webvisions Sdn Bhd

On February 14, 2018, Exabytes Network Sdn Bhd acquired information technology company ICONZ-Webvisions Sdn Bhd

Acquisition Context
  • This is Exabytes Network Sdn Bhd’s 1st transaction in the Information Technology sector.
  • This is Exabytes Network Sdn Bhd’s 1st transaction in Malaysia.

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M&A Deal Summary

Date February 14, 2018
Target ICONZ-Webvisions Sdn Bhd
Sector Information Technology
Buyer(s) Exabytes Network Sdn Bhd
Deal Type Add-on Acquisition

Target Company

ICONZ-Webvisions Sdn Bhd

Kuala Lumpur, Malaysia
ICONZ-Webvisions Sdn Bhd is a MTCS (Multi-Tier Cloud Security) and ISO 9001 certified Managed Services Provider. iWV’s reputation as one of the trusted hosting providers in Asia-Pacific was not established overnight. Through hardwork and commitment to clients in the past 20 years, Company have evolved from a hosting provider (e.g. email / web / cloud hosting, colocation, dedicated servers, etc.) to a Managed Services Provider, taking care of our customers’ IT needs with a 3600 view.
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Buyer Overview 1

Buyer

Exabytes Network Sdn Bhd

Penang, Malaysia

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Exabytes is specialized in providing cloud hosting services and helping SME to grow their businesses online to achieve their dreams since its establishment in 2001. Today they serve over 100,000+ Customers (from individuals, students, small & medium size businesses, to government and public listed companies) in 121 countries and manage over 1000+ servers with 100,000+ websites, 1,000,000+ email accounts.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Malaysia 1 of 1
Year: 2018 1 of 1