Canadian web hosting and cloud service provider HostPapa acquired another Canadian web hosting company, Korax Inc. Korax is a privately held Canadian company that has been operating since 1997 Web hosting and email services to small and medium-sized businesses across Canada.
HostPapa, based in Burlington, Ontario, Canada, is a web hosting and cloud service provider founded in 2006 for SMBs around the world.
Korax customers would receive an upgrade to HostPapa’s “State of the Art” based in Canada Data center. This upgrade also gives customers access to the company’s full portfolio of cloud-based tools for business growth. The financial terms of the acquisition were not disclosed.
Cloud based solutions
“We would like to welcome all Korax customers to the HostPapa family. Now that more individuals and small businesses are getting online or connecting from home, they need proven providers to provide reliable and secure online services. ” Jamie Opalchuk, Founder and CEO of HostPapa. “Korax was a natural fit. Congratulations to Alex and Marcus on building and running a great web hosting company based in Canada. We are excited to offer Korax customers our world-class HostPapa support while expanding our stack of cloud-based solutions for these entrepreneurs and small and medium business owners. “
“It has been our privilege to have served such amazing web hosting customers over the past 23 years,” he said Alex and Marcus Reid, founders of Korax. “We would like to wish our customers all the best and assure them that their business is in the best of hands with them HostPapaTeam. It’s been over two decades of wonderful Korax memories and great relationships. “
Photo of Christina @ wocintechchat.com on Unsplash.