one.com, a leading company in Europe that provides web hosting and domain names to individuals, small-to-medium enterprises (SMEs) and small-office home-offices (SOHOs), declared the takeover of SYSE for an undisclosed consideration. The acquisition of SYSE represents the second acquisition one.com has made in Norway following the acquisition of Digital Garden in September 2019.
SYSE was founded in 1995 and has established itself as a leader in Norwegian web hosting. Originally created as a personal computer and hardware supplier, the business has transitioned over time to become a provider of highly technical web hosting products trusted by over 12,000 end customers.
SYSE’s impressive self-developed product portfolio includes the innovative Tornado Web Server solution which provides ultra-scalable and secure web hosting at a fraction of the cost of other cloud solutions. Further, SYSE’s fully white-label platform is deeply trusted by its reseller customers with a highly customizable control panel offering significant functionality and flexibility.
This transaction continues one.com’s buy and build strategy, backed by Cinven, following historically exceptional organic-only growth. With the support of Cinven, one.com is looking to continue to expand both organically and through acquisitions into its core markets of the Nordics, Benelux, the UK and the DACH region as well as other geographic regions.
“SYSE represents another very exciting step in one.com’s growth story – we are delighted to welcome the organisation and team into the Group. The partnership between one.com, Digital Garden and SYSE creates an excellent platform in the Norwegian market which will continue to grow,” said Stephan Wolfram, Group CEO of one.com.
“We have been highly impressed with SYSE’s ability to listen to customers and their commitment to delivering technical and innovative products to the web hosting market with outstanding support – they will complement our existing global development and support team exceptionally well,” he added.