A Nigerian web-hosting company, GigaLayer, run by Ahmad Mukoshy has reportedly acquired HUB8, a subsidiary of a Czech Republic-based, Russian-owned web hosting company that is Africa-focused.
The development comes a week after Mukoshy announced on his Twitter account “a merger deal of a pan-African web hosting company” but left out details of the merger, including the name of the other company involved.
According to reports, all the operations of HUB8 have now moved to GigaLayer, giving Mukoshy’s web hosting company full control of the new entity.
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Work is ongoing to ensure the smooth transfer of HUB8’s services to GigaLayer which includes synchronizing existing domain names and hosting services.
HUB8 particularly offers services like WordPress engine hosting, Site Builder, country-specific domains, and a number of others which GigaLayer is looking to build itself.
The merger, reports say, allows the company save cost on inevitably building those products.
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