Topic summary
ServerBeach
Extracted from the Wikipedia article Aptum Technologies.
History
Peer 1 Network Enterprises was founded in 1996 in Vancouver, British Columbia, and funded in 2003. In 2004, Peer 1 acquired ServerBeach for about US$7.5 million. ServerBeach was based in San Antonio, Texas, founded in January 2003 by Rackspace co-founder Richard Yoo. ServerBeach had hosted video site YouTube until December 2007. In 2005, Peer 1 acquired Interland, Inc. assets in the USA for about US$14 million, and an investment of US$ 36 million, led by Celerity Partners, of Menlo Park, California. By 2010 Peer 1 was doing business as Peer 1 Hosting, listed as a public company on the Toronto Stock Exchange with symbol PIX, reporting yearly revenues of about CDN$98 million. In 2012, Peer 1 acquired UK hosting provider NetBenefit for 25 million pounds, from Group NBT Limited.