Web.com (NASDAQ: WEB) is expanding its international growth strategy and small business services. To that end, the company has announced it’s going to acquire Donweb.com.
Latin American-focused Donweb.com is a well-known web hosting and domain registration company.
“The addition of Donweb.com to our organization will be an important next step in our international growth strategy. Latin America has a large and growing base of small-business customers who are looking for website and internet solutions and need assistance,” said David L. Brown, chairman, chief executive officer and president of Web.com in a press release.
“Over the last 15 years, Donweb.com CEO and Founder Guillermo Tornatore has built an impressive service-oriented business that focuses on the customer, and we look forward to Guillermo and his experienced, Argentina-based team of approximately 90 employees joining the Web.com family.”
Argentina-based Donweb.com provides a wide range of services such as email marketing, VPS and dedicated services in the Latin American region. The company was set up in 2002 and it also specializes in web hosting and cloud servers.
Donweb.com’s customers primarily comprise small and mid-sized businesses.
In the release, Tornatore remarked, “We are pleased to enter into an agreement with Web.com. We look forward to combining our expertise and success in helping small businesses with Web.com’s online marketing solutions to better serve this market.”
This is the second time this year that Web.com has announced a major acquisition. Earlier this year, the company acquired online marketing services company, Yodle.
The transaction is expected to close by the end of the first quarter of 2017.