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M&A Deal Summary

Plesk Acquires Xovi

On July 14, 2017, Plesk acquired internet software and services company Xovi

Acquisition Highlights
  • This is Plesk’s 1st transaction in the Internet Software and Services sector.
  • This is Plesk’s 1st transaction in Germany.

M&A Deal Summary
Date 2017-07-14
Target Xovi
Sector Internet Software and Services
Buyer(s) Plesk
Deal Type Add-on Acquisition

Target

Xovi

Koln, Germany
Xovi GmbH is a provider of SaaS solutions for the online marketing industry helping thousands of online marketers and businesses successfully achieve their goals. Xovi was founded in 2009 and is based in Koln, Germany.

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Buyer(S) 1

Buyer

Plesk

Chantilly, Vermont, United States
Category Company
Founded 1999
Sector Software
DESCRIPTION

Plesk is one of the most widely used control panels and software platforms for simplifying the lives of Web Professionals. Plesk's web-server management tools secure and automate server and website administration as well as operations. Key features include the automation and management of domain names, email accounts, web applications, programming languages, databases and infrastructure tasks to provide a ready-to-code environment and strong security across all layers and operating systems. The Plesk software platform operates on more than 350,000 servers globally, supporting the operations of more than 10 million websites and 18 million email boxes. Plesk is available in 32 languages globally and many of the top cloud and hosting service providers partner with Plesk.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2017 M&A 1 of 1
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