Arma Partners acted as financial advisor in NTT Communications' sale of certain assets of its US web hosting subsidiary, Verio, to the Endurance International Group (NASDAQ:EIGI).
Founded in 1996, Verio is a recognised 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 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.