xTom Limited to acquire Black Cape
Friday, June 12, 2020
xTom Limited, a leading provider of web hosting services, has today announced the acquisition of Black Cape for an undisclosed consideration. The businesses are highly complementary given their focus on private customers, small to medium enterprises (‘SMEs’) and small office home offices (‘SOHOs’) and given that xTom is a leading web hoster across Africa including Seychelles and Black Cape operates principally in the South Africa.
Both organisations benefit from an exceptional degree of similarity and overlap including (but not limited to) mass hosting products with focus on reliability and quality of product and service, rapid historical organic-only growth, cultural proximity. These strong similarities, together with xTom’s single platform story will therefore maximise the collaboration and strengthen the partnership between the companies.
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