Advised on NTT’s disposal of Verio to Endurance International Group
Arma Partners is pleased to announce that it acted as financial advisor in NTT Communications’ divestiture of certain assets of its U.S. web hosting subsidiary, Verio, to the Endurance International Group (NASDAQ:EIGI).
Founded in 1996, Verio is a recognized industry leader in delivering online business solutions to SMBs worldwide. Verio’s solutions provide web hosting, application hosting and SaaS applications that enable SMBs to drive online success. Verio became a wholly-owned subsidiary of NTT Communications – one of the world’s largest companies – in 2000.
This transaction further underscores Arma Partners’ expertise in the web hosting and internet infrastructure sectors and our unique ability to deliver successful cross-border outcomes for our clients across Asia, Europe and the Americas through our global offices and affiliate network.