June 6, 2007 – (HOSTSEARCH.COM) – Web hosting provider Hostopia (http://www.hostopia.com/) has acquired the assets of TemplateRover.com, it was announced yesterday. With the acquisition, the company has substantially increased its inventory of website templates.
Hostopia now has rights to over 3,200 website templates. The deal with TemplateRover includes rights to 1,600 additional website templates, over 30,000 digital images, and a retail and channel software distribution system for templates currently powering the template distribution site Templaterover.com. The purchase price for the assets was CAD $247,000.
"Website design is increasingly demanded by small- and medium-sized businesses endeavoring to establish an online presence or to improve their existing web sites, explained Paul D. Engels, Chief Marketing Officer at Hostopia. “Consumers and developers alike are finding professionally designed, pre-built websites speed their time to market and reduce site development costs. Our purchase of web site template business assets from GFL gives us one of the world's largest inventories of web site templates and images available to communications service providers for sublicense to their customers. The powerful search and distribution software is an added bonus that will help us distribute website templates both to service providers and their SMB customers."
"Hostopia has a multi-channel distribution strategy to meet the needs of the SMB market," added Mr. Engels. "Our customers can bundle web site templates free of charge with web services that we offer. Alternately, they can sell templates on a stand-alone basis as a profitable product offering that helps drive their web hosting business. Website designers and developers have the option of purchasing templates directly from templaterover.com or bulk-licensing large numbers of templates from Hostopia."
