Pre and post acquisition Figures made available to TechCabal show that GigaLayer’s recent acquisition of Lagos Host have increased the former’s key businesses by as much as 40 percent in some places.
Pre acquisition stats
526 Active paying customers.
1,078 Active domain registrations.
593 Shared hosting accounts.
10 Managed client owned servers.
Post acquisition stats
903 Active paying customers.
1,703 Active domain registrations.
879 Shared hosting accounts.
10 Managed client owned servers.
10 Reseller Accounts.
The transaction itself was a quick affair. About a week from initial interest to done deal, Gigalayer founder and CTO Ahmad Mukoshy told TechLoy. He however did not discuss the structure or terms of the acquisition.
It’s not a particularly big “byte”, but within the context of Nigerian web hosting companies, a significant mouthful. And not more than GigaLayer can chew at this time. Mukoshy says hundreds of website migrations and customer account reconciliation were all successfully effected in 72 hours.
What is more, the acquisition and has boosted GigaLayer into the top ten cadre of Nigerian web hosting companies. The founder believes they should be somewhere at number seven.
Gigalayer was first Aimtech hosting in 2007 before it was repositioned with a new brand and services in 2013. Mukoshy is himself a serial entrepreneur who before Gigalayer built and sold Yarnable.com.
