Novacap Technology Fund sells hosting and cloud provider iWeb to Internap

Fasken represented Novacap in the transaction to sell hosting and cloud provider iWeb to Internap, a company based in Atlanta, Georgia, operating in the information technology sector. This transaction, evaluated at $145 million, allows Internap and iWeb to increase their share of the market and offer IaaS to companies at every stage, from start-ups to multinationals. iWeb has been offering support to entrepreneurs that specialize in data centers and cloud computing for over 15 years. This company supports expanding businesses and helps them reach the highest standards in their industry.