iAsiaWorks Buys Silicon Valley Web Hosting Firm to Accelerate Asian Internet Solutions Business; Sanjay Dani, Web Professionals CEO, Will Lead iAsiaWorks Hosting Division.Business/Technology Editors HONG KONG--(BUSINESS WIRE)--Jan. 25, 2000 iAsiaWorks, the leading PanAsian Internet solutions company, announced today that it has acquired Web Professionals, a Silicon Valley Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. firm, for an undisclosed combination of cash and equity. Web Professionals of Cupertino, Calif., provides leading-edge dedicated server hosting and colocation services for multinational corporations
Al Jazeera (Arabic: الجزيرة, al-ğazīrä (the Arab world's leading news channel), India Internet Pvt. Ltd. and a range of Silicon Valley firms. Sanjay Dani, Web Professionals' founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , has joined iAsiaWorks as vice president for hosting strategy and services. Dani, with 13 years in the high-tech and Internet arenas, brings exceptional technical and marketing expertise to iAsiaWorks. He will play a key role in developing hosting services to make iAsiaWorks the Internet solutions provider of choice for companies doing business in Asia or expanding their Asian businesses into the U.S. market. &uot;We're delighted to welcome Sanjay and his team to iAsiaWorks,&uot; said JoAnn Patrick-Ezzell, iAsiaWorks chairman and CEO. &uot;Web Professionals has exceptional experience and skill in the hosting business, and we believe this acquisition accelerates iAsiaWorks' expansion and execution in Asia in a very significant way.&uot; Today's announcement underscores iAsiaWorks' determination to forge a new business model in Asia. While many companies in the region provide some elements of Internet connectivity, hosting, e-commerce or professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , only iAsiaWorks aims to provide total Internet solutions across Asia. Using a platform of eight data centers in Asia and the Silicon Valley, the company's game plan is to deliver reliable, localized, managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality in multiple locations, languages, currencies and regulatory environments. &uot;iAsiaWorks' next-generation hosting facilities across Asia/Pacific and its determination to bring the latest in hosting technology to Asia makes it a perfect match for us,&uot; Dani said. &uot;Web Professionals is a pioneer of pure-play hosting services and, beginning in 1995, we have established a unique position managing dedicated servers in our Silicon Valley data centers. Now, as part of the iAsiaWorks team, we expect to deliver hosting and Internet solutions that will be without equal in the U.S. and Asian markets.&uot; Other Recent Announcements by iAsiaWorks -- iAsiaWorks buys AT& EasyLink Services Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. (December 15, 1999) -- iAsiaWorks announces US$85 million from leading U.S. and Asian investors, changes name from AUNET to iAsiaWorks (December 14, 1999) -- AUNET announces joint marketing agreement with eTranslate (November 4, 1999) -- AUNET appoints AT&'s JoAnn Patrick-Ezzell chairman and CEO (August 11, 1999). The Market for Hosting Services in Asia The market for hosting services in Asia is growing rapidly, as Asian companies move onto the Internet and U.S. companies expand their businesses into Asia. (The Asian e-commerce market overall is expected to be worth US$32 billion by 2003, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the International Data Corporation.) These organizations frequently prefer to outsource the round-the-clock operations and management of their Web servers and e-commerce applications to hosting experts, such as iAsiaWorks, or to co-locate their servers in a provider's secure, expertly staffed facility. About Web Professionals Web Professionals was founded in 1995 by Sanjay Dani. The Cupertino, California, company provides leading-edge dedicated server hosting and colocation services for multinational corporations, dot-coms, and small, medium and large businesses around the world. Sixty percent of its revenues are from outside the United States, including India, New Zealand, Philippines and the Middle East. For more information, please visit www.professionals.com. About Sanjay Dani Sanjay Dani has 13 years of computer industry experience. Prior to founding Web Professionals, Inc., in 1995, he spent six years as a distributed-systems architect and developer at Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . At Web Professionals, he pioneered the concept of a pure-play web hosting provider, marketed that concept successfully and built a network of solution providers in 30 countries. He holds a master's degree in Computer Science from the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Santa Barbara. A native of Yavatmal, India, Sanjay resides in Cupertino, California. About iAsiaWorks iAsiaWorks, the only truly PanAsian Internet Solutions provider, offers one-stop Internet solutions to companies doing business in Asia -- including local businesses, MNCs and dot.coms -- and companies expanding into new markets in the region or from Asia into the United States. iAsiaWorks is headquartered in the Silicon Valley (San Mateo, Calif.), with operations in Hong Kong, Korea, Taiwan and the United States. It currently provides Internet solutions in China, Hong Kong, Korea, New Zealand, Taiwan and the United States. The company is establishing data centers across Asia as a platform from which to offer customers world-class hosting, colocation services and technical support, a suite of turnkey Internet solutions and localized, country-specific applications and services. Leading Asian and U.S. investors include Bechtel Enterprises; BT/Alex Brown; Enterprise Partners; Generation Partners; Hambrecht and Quist; Institutional Venture Partners; Korea Technology Banking Corporation; Morgan Stanley Dean Witter; Newbridge Asia; New Enterprise Associates; Salomon Brothers; Samsung Corporation; the Sprout Group; Walden Group of Funds group of funds See family of funds. ; Zesiger Capital; and Internet Elite Limited (a subsidiary of Pacific Century CyberWorks, a Hong Kong-listed company controlled by Richard Li). iAsiaWorks' partners include Cisco Systems (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), eTranslate, iPass and Portal (Nasdaq:PRSF PRSF Presidio of San Francisco (US National Park Service) PRSF Peoples Republic of San Francisco ). For more information, please visit the company's Web site at www.iasiaworks.com. |
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