June 20, 2005 - (HOSTSEARCH.COM) - Web hosting provider and ISP, Digiweb Ltd., (http://www.digiweb.ie) today announced that it has completed the acquisition of Tiscali's satellite broadband business in Italy for an undisclosed sum.
The acquisition will be seamless to all of Tiscali's Satellite Customers and Digiweb will takeover all aspects of support and the ongoing provision of services to new customers with immediate effect.
Commenting on the acquisition, Declan Campbell, Operations Manager of Digiweb commented, "We are delighted to extend our broadband reach throughout Italy with this agreement, and look forward to providing our new customers with a world class service from our broadband satellite platforms. This is the first of our aggressive expansions throughout Europe and indeed globally."
Using industry leading satellite technologies and a range of satellite uplink operators, the two-way satellite broadband technology enables Digiweb to provide high speed broadband access throughout all of Europe, including many areas that the national operators do not service, without any reliance on the fixed line telephony infrastructure. In addition to Italy, Digiweb is already servicing business customers throughout Germany, France, United Kingdom and Austria.
Digiweb is currently evaluating further similar acquisitions in Europe and indeed Ireland in the Broadband sector, including wireless/satellite operators and software firms who provide services that could be a good strategic fit to Digiweb's aggressive growth plans.
Growth in Digiweb's European business have been phenomenal and Digiweb believe that there is a fantastic opportunity to further grow this business division through organic growth and further acquisitions.
The news is also good for the Irish economy. Digiweb has the expertise and skills to support its European operations from its headquarters in Dundalk and the company envisages further job creation to support its rapidly expanding European customer base. With sales and marketing offices in Italy and France, the company also operates dedicated web sites for each country to support business growth in the region, such as http://www.italia.digiweb.ie/
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