Research and analysis firm Tier 1 Research (tier1research.com) recently announced that Web hosting provider FastServers (fastservers.net) appears to be up for sale.
Tier 1 Research says that FastServers has grown at a solid rate since getting into the dedicated hosting segment in 2001 and is currently home to approximately 3,500 servers. However, as is common for Web hosts that get to this size, the company is approaching a point where it'll be difficult to push further growth and is looking for a buyer, says the analysis firm.
Tier 1 Research estimates that FastServers is in the range of $10 to $14 million in annualized revenues and the company is led by a young management team, founded by Ian Andrusyk, who servers as CEO, and Travis Shaffner.
Last month, Tier 1 Research launched a new report that highlights mergers and acquisitions activity in the Internet infrastructure and mass-market Web hosting sectors in the first half of 2007.
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