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France Telecom Acquires RapidSite France

Published by: mike 2008-11-20

France Telecom recently acquired a majority stake in RapidSite France, a Web hosting service catering to small and mid-sized companies.

RapidSite France is a division of RapidSite Inc., an American Web hosting tools provider. Under terms of the agreement, France Telecom Sites (FTS), a Web hosting subsidiary of France Telecom, will take a 75 percent stake in the RapidSite France. No financial terms were disclosed, but the acquisition is expected to close in January. The combined companies will now host an estimated 22,000 sites.

TechCrunch::
that is looking to acquire Rediff is exactly that: speculation, and (sold to BBDO), RapidSite France (sold to France Telecom), Tekora (sold to Access
http://www.techcrunch.com/page/282/
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Rapid Site's electronic payment solutions will be incorporated into FTS's Domicile suite of business products and services.

News aggregator | Techfiends.com::
Microsoft acquires Yahoo! search assets for $1B in cash in 2003) and RapidSite, (acquired by France Telecom in 1999) two popular blog companies,
http://www.techfiends.com/aggregator?page=96
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