October 6, 2006 – (HOSTSEARCH.COM) – Internet services provider OC3 Networks & Web Solutions, LLC (http://www.oc3networks.com) has acquired Tear 2, LLC, a web hosting company with a focus on online adult entertainment, it was announced recently. Terms of the acquisition were not disclosed.
“We are extremely pleased with the acquisition of this very successful startup,” said Ilan Mishan, OC3 Networks’ CEO. “Tear 2’s excellent reputation is a huge benefit to OC3’s positioning within the adult industry.”
“OC3 Networks is the ideal company to acquire Tear 2,” added James Beckish, of Tear 2. “With their excellent reputation, financial stability and excellent leadership, the perfect ‘trifecta’ if you will, we know we are putting our customers into the hands of consummate professionals who have the same high standards as we do. Through our extensive diligence, we concluded that there is no better fit for our customers.”
Tear 2 has headquarters in Maryland and technical operations in Virginia. Although a relatively new company, it has been successful through quality products and support. OC3 Networks will immediately merge Tear 2’s operations into that of OC3 Networks. According to the company customers will be unaffected by the acquisition beyond changes in billing and payment.
