Intermedia Acquires Zlago, a Channel-Focused Cloud Services Company
14 Juin 2011 - 4:23PM
Marketwired
Intermedia, a global leader in cloud services and the largest
Microsoft Exchange hosting provider, today announced its
acquisition of Zlago, a privately held provider of cloud services.
The Zlago acquisition was executed as part of Intermedia's recent
acquisition by leading private equity firm Oak Hill Capital
Partners. Zlago founder and CEO Michael Gold now serves as
Intermedia's president, reporting to Intermedia chairman and CEO
Phil Koen -- former CEO, Savvis (NASDAQ: SVVS).
Intermedia distributes cloud services to 38,000 small and
mid-size business customers directly and through its 6,800 global
channel partners. The company manages an industry-leading 320,000
premium hosted Exchange mailboxes. According to Phil Koen, CEO,
Intermedia, "The Zlago acquisition will not only extend the level
of cloud expertise within Intermedia, but it will also prove to be
a catalyst for strategic growth within the Intermedia cloud
services portfolio. Intermedia gains Michael Gold's management,
cloud, and channel expertise -- as well as important Zlago
resources, such as deep relationships in the channel community.
With Oak Hill's resources behind Intermedia, we intend to build the
leading provider of cloud services."
Zlago is based in Washington, DC with channel partners and
customers throughout North America. Named one of the "100 Coolest
Cloud Companies" by CRN, Zlago operates services from four secure
datacenters in the US and UK. The company is known for innovative
vertical market offers, such as its "Doctors Office in the Cloud"
bundle, and solutions for the legal, financial services, and other
key vertical markets.
"Intermedia's products and channel programs are widely viewed as
best in class," says Michael Gold, president, Intermedia. "I am
pleased to bring their superior 24x7 support, complimentary
migration to the cloud, innovative technology, and always-on
operations to Zlago's partners. My focus at Intermedia will be on
continuing to improve that industry-leading experience and
extending it to an even broader set of cloud services. We have a
great tradition to build on given Intermedia's track record
delivering enterprise-grade hosted Exchange -- and recent additions
such as hosted PBX, email encryption, and backup."
Robert Morse, a partner at Oak Hill Capital, adds, "Cloud
services are poised for mass adoption, with their cost and
productivity benefits far outpacing those available from
traditional on-premise computing. The Zlago acquisition and
addition of Michael Gold to the management team will help
Intermedia continue to accelerate this shift to the cloud. We look
forward to working with Phil Koen, Michael Gold, and the rest of
the Intermedia management team."
Service delivery to Zlago's customers and nationwide network of
channel partners will continue uninterrupted. According to Steve
Harper, president/CEO of managed service provider NMGI, "Having
been in business over 25 years as a VAR and managed service
provider, we've built solutions and resold software from dozens of
vendor providers. As one of those providers, Zlago has set itself
apart by doing many things very well, with two items in particular
that really stand out. First, they simplify the delivery of a
variety of cloud services to our small and mid-size customers. And
second, they have positioned and empowered NMGI as a reseller to
build real, significant, and sustainable pieces of new business. We
signed on as Zlago's first partner because of their vision, drive,
passion, and commitment. We are excited to see that Intermedia's
approach to the reseller community is similar. Our relationship
will continue to grow with Intermedia."
Gold brings over 15 years of senior management experience in
cloud services and channel development to Intermedia. Prior to
Zlago, he was CEO of Sphera, a cloud services software company that
he sold to cloud automation provider Parallels, where he served as
a senior vice president. Gold has held a variety of other executive
roles in the industry, including CEO of software company Vicorp and
senior vice president of Qwest Communications (now CenturyLink)
(NYSE: CTL), where he had P&L responsibility for the Internet
Products business and launched Qwest's CyberCenter datacenter and
hosting business. Long dedicated to the channel community that
supports small and mid-size businesses, Gold was named one of the
25 most innovative executives by CRN and Everything Channel in 2009
and 2010.
ABOUT INTERMEDIA Intermedia is the premier
provider of cloud services to small and mid-sized businesses.
Delivered from Intermedia's secure datacenters, these services
include hosted Microsoft Exchange email, VoIP telephony, instant
messaging, file management, security, backup, support for the full
range of smartphones and tablets, and more. The company's
proprietary cloud infrastructure assures high reliability, and a
certified support team is available around the clock. Intermedia
also empowers thousands of partners -- including managed service
providers and select Fortune 500 companies -- to sell cloud
services under their own brand. Founded in 1995, Intermedia was the
first company to offer business-class cloud email and now has
320,000 premium hosted Exchange mailboxes under management -- more
than any other provider. For more information, visit
www.intermedia.net.
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CONTACT: Cynthia Greenberg 646-225-9473
cgreenberg@intermedia.net Rob Gold 314-750-0880 rgold@zlago.com
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